For the top management of the Nigerian National Petroleum Corporation, NNPC, these are certainly very uncertain times.
Apart from the fact that the federal agency has consistently been in the news for the wrong reasons especially as it concerns alleged non-remittance of national revenue and lack of accountability, the sword of Damocles seems to be dangling dangerous on the organisation at the moment.
First to be hit by the dangling sword was the board of the corporation. The board was the first Tom be sacked by President Muhammadu Buhari.
This was followed by the replacement of the Group Managing Director of the corporation. Barely 24 hours after the new GMD, Dr. Emmanuel Ibe Kachikwu, resumed office on Tuesday, August 4, eight Group Executive Directors, GED, of the NNPC were also relieved of their duties by the President.
Close analysts of the Nigerian oil and gas sector say more of such top level changes are to be expected in the NNPC in the days to come as the wave of change sweeps through the oil behemoth. Some have even gone ahead to postulate that the Buhari administration will end up unbundling the NNPC for ease of administration and accountability.
Whatever the future may hold for the NNPC, the new man at the helms of affairs appears prepared for the job. Until this current appointment, Kachikwu was the executive vice chairman and general counsel of Exxon-Mobil (Africa).
A first class graduate of Law from the University of Nigeria, Nsukka, Kachikwu also obtained master’s and doctorate degrees in Law from the Harvard University. He started his work career with the Nigerian/American Merchant Bank before moving on to Texaco Nigeria Limited where he remained for eight years before he joined ExxonMobil.
He is an author of three legal books as well as the publisher of the popular Hints and Chanelle magazines.
Kachikwu hails from Onicha-Ugbo in Delta State.

Oluchi Ugboaja
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