A Review of the Nigerian Energy Industry

President Jonathan sacks Oniwon, NNPC management

26 June 2012, Sweetcrude, Abuja – To further strengthen the ongoing reforms and transformation of Nigeria’s Petroleum sector, and in furtherance of efforts to achieve  greater transparency and accountability in government, President Goodluck Ebele Jonathan has approved the re-composition of the executive management team of the Nigerian National Petroleum Corporation (NNPC) as follows:

1. Engr. Andrew Yakubu – Group Managing Director
2. Mr. Bernard O.N. Otti – Group Executive Director (Finance and Accounts)
3 Engr. Abiye Membere – Group Executive Director (Exploration and Production)
4. Dr. Peter S. Nmadu – Group Executive Director (Corporate Services)
5. Engr. Anthony Ogbuigwe – Group Executive Director (Refineries & Petrochemicals)
6. Dr. Attahir B. Yusuf – Group Executive Director (Commercial & Investments)
7. Dr. David Ige – Group Executive Director (Gas & Power)

The incoming Group Managing Director, Engr. Andrew Yakubu graduated from the Ahmadu Bello University, Zaria in 1979 with a degree in Chemical Engineering. He joined the NNPC in 1980. Positions he has held in the corporation include Managing Director of the Warri Refining and Petrochemicals Company and Group Executive Director (Exploration and Production).

Engr. Yakubu is an indigene of Kaduna State and a Fellow of the Nigerian Society of Engineers. President Jonathan has also approved the appointment of Engr. Victor Briggs as the new Managing Director of the Nigerian Petroleum Development Company (NPDC).

The incumbent Group Managing Director, Engr. Austen Oniwon, and Mr. Michael Arokodare (outgoing Group Executive Director (Finance and Accounts), Mr. Philip Chukwu, outgoing Group Executive Director (Refineries & Petrochemicals), and Engr. Billy Agha, outgoing Group Executive Director (Engineering & Technology) are to proceed on retirement.

President Jonathan commends the outgoing directors for their service to the nation and urges the new management team to be fully committed to rapidly implementing the critical interventions needed to positively transform Nigeria’s petroleum industry.

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  • All these recurrent personnel changes will not take the Nigerian oil and gas industry anywhere. It is time we get the industry properly organised as done all over the world. Where is the PIB??? The managing director of SPDC said that Nigeria is loosing about 8 billion barrels of grude oil annualy to illegal bunkering. He added that in the Nigeri Delta that “illegal” refeneries are spotted everywhere.And these people are selling their refined products in Nigeria to industrial and individual users. I have said in the past that instead of chasing the owners of these refineries with security forces, we should rather organise them and make thier operations formal.These Nigerians have acquired the tecnology to refine crude oil, instead of organising them about, we sould get them together to improve the technology they are currentl using.Who is actually fooling who?