Purge At NNPCL: Managing Directors Of Three Refineries Fired In Shock Shake-Up

The newly appointed management of the Nigerian National Petroleum Company Limited (NNPCL) has relieved the managing directors of its three major refineries—Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company—of their duties.....KINDLY READ THE FULL STORY HERE▶

In addition to the refinery heads, several senior executives, including Bala Wunti, the former head of the National Petroleum Investment Management Services (NAPIMS), a subsidiary of NNPCL, were also asked to step down.

According to sources, the sweeping shake-up is part of a broader strategy by the new leadership to restructure operations and improve efficiency within the company. NNPCL’s spokesperson, Olufemi Soneye, declined to comment on the development.

Officials nearing retirement—with less than a year of service remaining—have also been directed to exit the company, further signaling a deep organizational overhaul aimed at boosting performance and accountability.

This restructuring follows the April 2, 2025, dismissal of former Group CEO Mele Kyari and several board members by President Bola Tinubu, who is seeking to revitalize the national oil company and increase Nigeria’s crude oil and gas production.

Presidency insiders cited underperformance and failure to meet production goals as reasons for the top-level changes. “The old guard was running in circles—some even became obstacles to progress,” one source stated.

Commenting on the new appointments, another official said, “The President is introducing a new direction with seasoned professionals who understand the oil and gas sector deeply. This is the first time we have a full team of technocrats, not politicians.”

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