Nigerian govt unbundles state oil company, NNPC, into 7 units

President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into 7 independent operational units.

The Minister of State for Petroleum Resources, Ibe Kachikwu, who announced the unbundling of the national oil company in Abuja, said five of the seven operational units will be strictly business-focussed in line with global best practices of national oil companies.

The new units include those for
Upstream-  Bello Rabiu
Downstream- Henry Ikem-Onih
Gas & Power- Saudu Mohammed
Refineries- Anibor Kragha
Ventures- Babatunde Adeniran
Executives Head- Isa Inuwa
GRP ED,Finance and  Services- Isiaka Abdulrazaq

Thank you.

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