9 March 2016
President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units.
The Minister of State for Petroleum Resources, Ibe Kachikwu, announced the split of the state-owned oil company in Abuja, Nigeria’s capital on Tuesday.
The new units are Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance & Accounts.
With the announcement of this new policy road map, the realigned NNPC comprises of five business-focused and two service driven units.
The chief executives of the new units are: Bello Rabiu (Upstream); Sa’idu Mohammed (Gas and Power); (Anibor Kragha) Refining; Henry Ikem-Obih (Downstream); Babatunde Victor Adeniran (Ventures).
Others are Isiaka Abdulrazaq (Finance & Accounts) and Isa Inuwa (Corporate Planning & Services).
The new NNPC design is based on ‘FACT’ organisation which is Focused, Accountable, Competitive and Transparent.
According to NNPC, “the organizational realignment is not about staff layoffs, but about placing the right people in the right places to do the right thing”.
NNPC also announced a remarkable decrease in its operating deficits. “Our January 2016 Financial and Operations report showed our monthly operating deficits reduce from average of N30bn in August 15 to N3bn in January 16.
“This is a remarkable decrease of 900% which could only have been achieved by the collective effort of the entire team at NNPC,” it said.
COMMENT RECEIVED
I noticed the 900% decrease in the last sentence. In the physical world it maxes out at 100% so has NNPC gone meta physical?
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
