Kachikwu also said that there would be an overhaul of the NNPC within the next week which would see the NNPC break up into about five companies, while the sub-sets of the NNPC would be broken into 30 companies.
He said:
“I am happy that we are getting the cooperation of everybody within the system, that is the only way we can guarantee work for those who work there and career paths that are sustainable.”Kachikwu, who is the Group Managing Director of the NNPC, maintained that the expected return to profitability would also mean that the Nigerian Oil Industry will be able to compete effectively in the global oil industry.
He added:
“That is just a tip of the iceberg because by the time these 30 companies are unbundled and the Managing Directors will set programmes, you are going to meet us in an active world. It means we are all going to compete, we are going to make these things work.”He also said that the overhaul of the NNPC and its subsidiaries, would eliminate titles such as ‘Group Executive Directors’ and replace them with Chief Executive Officers.
Vanguard
36 comments:
Ok oo
Enugu's second shoe designer
Dats a good one! Linda take note!
Wondering who will be managing the 30 companies and why 1 company needs to be brokendown to that much number....ProudlyDeltan
Hmmmmmmmm..... I'm glad wit dis... It simply means more employment..
Good. So dat more ppl will be employed
... Merited happiness
Ride on.
Hmmmmmmmmmmm. Ok ooo
LIB Celebrity
Issorite
It's no news because the plan has been to unbundle nnpc but the previous govt did not have the political will to see it come to fruition.
Are u talking of handing dem over to private individuals?
#LibBadBoy
They haven't made profit in 15 years? So typical of government institutions in nigeria
Hmmmm. Sha mk it work oo. No b by tlk
Hopefully this move will result in more transparency and will be sustainable, not the type that will be reshuffled again after a year. We are watching
I hope it will give birth to jobs opportunities for fresh graduates
Hmmm,OK anyone dat will favour d growth of dis country
Whatever rocks their boat
Wharrefa that is.. Next plzzz!!!
Ok seen
Good for them.
What we do in this country called Nigeria is Talk Talk at d end nonsense. It will even be worst as it is b4, if u people like divide it into 500 put ur brothers & sisters 2 benefit frm d oil wealth.
Hope it creates job opportunities
This is just a tip of the iceberg...by the time these 30...managing directors start...blah blah blah. We are tired of our leaders day-dreaming on various madia. We need actions not spoken words, for Christ' sake you guys are poets who go about enticing women with words, work it out and then let your deeds speak all the way. Thank you!
WaitiNg.
Just employ ppl dassol!
-D great anonymous now as Vivian Reginalds
Nice move,buh I hope it improves our oil market as claimed. All d best
LIB ADDICT#just passing#
Na una sabi.
#FINEST
Okay naaaaah!
Okay if it will help.
So long as it amelirates d fuel problems faced herein
And like play like play the break up don dey start! I hope they'd still be singing the single account hymn after the break ups?
Ok
Unbundled ...
funny word choice
edojuju1@gmail.com
WHATEVER MEHN.....
..... No fuel no light, with this hot weather..... I reserve my comment....
Wow! Good one. Will create employment#Lindangwanu#
Hope this new development works
Ameliorate...
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