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BREAKING: NNPC shut down nationwide over unbundling

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Oil workers have shut down the operations of the Nigerian National Petroleum Corporation (NNPC) nationwide following Tuesday’s unbundling of the corporation.

Members of staff and management of the corporation arrived their various offices on Wednesday morning to discover that they could not gain entrance following the total strike.

The aggrieved workers said they would continue to reject the unbundling of the NNPC and force the government to rescind its decision.

The Minister of State for Petroleum and Group Managing Director of the NNPC, Dr. Ibe Kachikwu, had Tuesday evening announced the unbundling.

The minister said President Muhammadu Buhari had approved the unbundling and that five of the seven units would strictly focus on business to meet global best practices.

The new units were named as Upstream, Downstream, Gas and Power, Refineries, Ventures, Corporate Planning and Services and Finance and Accounts.

Each of the units would be headed by chief executive officers as follows:

Bello Rabiu for Upstream

Henry Ikem-Onih (downstream)

Anibor Kragha (Refineries)

Saudu Mohammed (Gas & Power)

Babatunde Adeniran (Ventures)

Isiaka Abdulrazaq (Finance & Services)

Isa Inuwa (Corporate Services)

All appointments were meant to take effect immediately.

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