(In Nigeria) Restructuring Begins: NNPC Removes MDs of Port Harcourt, Warri, and Kaduna Refineries

 

The Nigerian National Petroleum Company (NNPC) has made a significant move, removing the Managing Directors of its Port Harcourt, Warri, and Kaduna refineries

This move is part of a larger restructuring effort led by the new leadership under Bayo Ojulari and Musa Ahmadu-Kida. 

It aims to revitalize the country’s refining capacity and improve domestic fuel production, reducing reliance on imported refined petroleum products.

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This change aligns with ongoing efforts to privatize these refineries. The federal government says it is focused on boosting Nigeria's energy security through public-private partnerships.

 The restructuring also involves significant staff changes, including senior officials nearing retirement. 

There are also plans to involve private firms in operating the Warri and Kaduna refineries.