Thursday, 18 June 2015

NNPC Big Boys In Serious Panic over Investigations by Buhari

There are some disquiet in the Nigerian National Petroleum Corporation (NNPC) ahead of the imminent shake-up by President Muhammadu Buhari. In fact, things are so serious that the Legal Services and Company Secretary Ikechukwu Oguine has resigned.

Deputy Group MD/Group Executive Director (Finance and Account) Bernard Otti’s fate remained unclear last night, following his sudden trip abroad immediately after the inauguration of the President.

His people are claiming that he went abroad for medical reasons. Indeed!

The Nation learnt that more officers may retire or voluntarily withdraw their services from NNPC to beat the imminent purge.

Fears of a purge have gripped top managers of the NNPC, PPMC and the NPDC over crude oil swap.

A source, who spoke in confidence, said: “Some top management staff of NNPC and its subsidiaries have opted to leave the system ahead of the likely reorganisation of the corporation by the President.

“Some of those affected include high-profile officers, who were engaged by the immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, against the provisions of the NNPC Act.”

An official said: “More staff may go to beat Buhari to the game. They have also realised that they cannot fit into the system because they don’t have the technical capability.

“A few others who are linked to the crude oil swap in PPMC and NPDC may leave. In fact, some of them in NPDC have not been coming regularly to office.

“We operate in fear because we do not know the type of reforms the President may initiate.”