NNPC staff embark on nationwide strike After FG's announcement of NNPC's unbundling

Members of the Nigeria National Petroleum Corporation NNPC have commenced a nationwide strike following yesterday's announcement by the Federal government that the oil corporation will be unbundled into 7 units (Read story here). The oil workers got to work this morning and could not access their various offices. The immediate impact of the strike will be nationwide fuel scarcity as NUPENG will not be able to lift fuel today.

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Buhari unbundles NNPC into 7 units, names new heads

President Buhari has approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units. Minister of State for Petroleum Resources, Ibe Kachikwu, made this known today March 8th. According to Kachiukwu, the new units are Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance and Accounts.

He said each of the units would be headed by chief executive officers, namely Bello Rabiu for Upstream; Henry Ikem-Onih (downstream); Anibor Kragha (Refineries); Saudu Mohammed (Gas & Power), Babatunde Adeniran (Ventures), Isiaka Abdulrasaq Finance & Accounting and Isa Inuwa ‎Executive Head, Corporate Planning and Services.

All appointments take immediate effect.

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