The Nigerian National Petroleum Corporation (NNPC) has implemented a major leadership reshuffle, appointing Mr. Adedapo Segun as the new Chief Financial Officer (CFO), replacing Umar Ajiya. In addition, Isiyaku Abdullahi and Udobong Ntia have been named Executive Vice Presidents (EVP) of Downstream and Upstream Operations, respectively. The changes were announced by NNPC spokesperson Olufemi Soneye via NNPC’s official social media platform.
Key Appointments and Strategic Vision
These appointments are part of NNPC’s strategy to build a robust and capable leadership team focused on operational excellence. Soneye emphasized that these changes align with NNPC’s long-term vision of achieving global competitiveness and operational excellence, particularly in light of the transformative Petroleum Industry Act (PIA), which restructured NNPC as a limited liability company. This new structure is designed to strengthen corporate governance and optimize the company’s strategic position within the global energy sector.
Appreciating Outgoing Leaders
The Board and Management also expressed gratitude to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their significant contributions to NNPC’s growth. Their dedication has been instrumental in navigating NNPC through substantial industry changes.
Aiming for Global Competitiveness
NNPC’s leadership overhaul reflects a commitment to advancing the organization’s role in the international energy market. By prioritizing strategic objectives, operational excellence, and financial sustainability, NNPC aims to not only support Nigeria’s energy needs but also enhance its standing on the global stage.
The company’s leadership is now set to drive NNPC’s mission of becoming a globally competitive energy corporation, contributing to Nigeria’s economic development while remaining attuned to the interests of the Nigerian public.
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