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LequteMan
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According to a report from the Financial Times, New GMD of NNPC, Ibe Kachikwu has tapped the private sector as part of an overhaul of senior ranks intended to clean up the entity at the heart of Nigeria's economy.
Mr Kachikwu said his hiring strategy was intended to “refocus and sharpen” the company. He will also review all production-sharing contracts and joint venture agreements as part of the extensive restructuring.
About a dozen of the appointments made last week included direct hires from Total, Statoil and Royal Dutch Shell. While some of the new recruits have private sector backgrounds, like Mr Kachikwu himself, most are individuals who have spent much of their careers inside the company that he aims to turn round.
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Mr Kachikwu said his hiring strategy was intended to “refocus and sharpen” the company. He will also review all production-sharing contracts and joint venture agreements as part of the extensive restructuring.
About a dozen of the appointments made last week included direct hires from Total, Statoil and Royal Dutch Shell. While some of the new recruits have private sector backgrounds, like Mr Kachikwu himself, most are individuals who have spent much of their careers inside the company that he aims to turn round.
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