The managing directors of the three refineries that fall under the jurisdiction of the Nigerian National Petroleum Company Limited(NNPCL) have been fired by the company’s new management.
These refineries include; the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company. Other senior officials of the national oil company were also asked to resign, including Bala Wunti, who was previously in charge of the National Petroleum Investment Management.
The new management also demanded that officials with only one year to their various retirement dates to resign.
Reliable sources at the company who are familiar with the development verified the shakeup by the new management team, however Olufemi Soneye, the company’s spokeswoman, did not reply to questions about the topic when approached.
An official at NNPCL, who spoke on condition of anonymity speaking on Mele Kyari’s sack stated that, “The President did this because of their performance, because we needed to do things differently. The former people were taking us in circles, and then some of them became part of the problem.
“There needs to be a new direction. You need new people to bring new energy into the system. Look at them. Every one of them is capable. They are core industry professionals, real industry experts who know the industry inside and out. They are not politicians. This is the first time we have an entire cast of technocrats.”
The NNPCL faced criticism after the $897 million Warri refinery renovation failed, according to previous reports. At less than 40%, the Port Harcourt refinery had been having difficulties, according to the report. capability for production
This came after it was discovered that the Warri Refining and Petrochemical Company had been closed since January 25, 2025, because of a safety concern with the primary heater of its crude distillation unit.
Experts and industry operators have escribed this as discouraging.
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