See names as NNPC announces new management appointments

• NNPC Limited has announced strategic appointments, retirement and promotion of some of its top executives
• The oil company said the change is part of NNPC's commitment to improving governance and operational efficiency
• The new leadership is tasked with the responsibility of making NNPC limited like its counterparts all over the world

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Nigerian National Petroleum Company (NNPC) Limited has made changes to its leadership position.

In a statement released on its social media accounts, the national oil company said the changes aimed to strengthen governance, enhance operational efficiency, and secure the long-term stability of Nigeria’s energy sector.

NNPC Limited appoints new leadership Photo credit: nnpcllimited
Source: Getty Images

The statement titled “Leadership Appointments at NNPC Limited,” signed by Olufemi Soneye the Chief Corporate Communications Officer noted that the new leadership structure is integral to NNPC's vision for sustained growth and efficiency.

Part of the statement reads:

The new NNPC limited appointments

Among the high-profile appointments, Adedapo A. Segun was elevated to the role of Chief Financial Officer. Previously serving as Executive Vice President (EVP), Downstream.

The NNPC limited said Segun has been recognised for his notable contributions to NNPC's downstream operations, Punch reports.

Another is Isiyaku Abdullahi who has been appointed as the new Executive Vice President, of Downstream, succeeding Segun.

Udobong Ntia now heads the Upstream division as Executive Vice President, Upstream.

The statement added that these leadership changes would reinforce NNPC's role in safeguarding Nigeria’s petroleum interests and economic stability.

The NNPC retirements

The Board also extended its gratitude to outgoing executives Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their dedication and significant contributions to NNPC.

NNPC raises petrol price

Earlier, Legit.ng reported that the Nigerian National Petroleum Company Limited (NNPC) had raised the petrol price again.

The development came as Aliko Dangote, chairman of the Dangote Group, said that petrol was idle at his refinery without patronage.

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Source: Legit.ng