The Nigerian National Petroleum Corp (NNPC) has reassigned the head of crude oil marketing, Gbenga Olu Komolafe, to the new group manager of special duties, Reuters reports
His position has been temporarily filled by Musa Yola Usman. Komolafe was in charge of NNPC’s oil sales.
The move comes two days after the top layer of NNPC management, eight executive directors, were dismissed.
A former lawyer at ExxonMobil, Emmanuel Ibe Kachikwu, was appointed the new head of the NNPC by President Muhammadu Buhari on Tuesday.
NNPC receives about half, or 1 million barrels per day, of the country’s total production out of which 445,000 bpd is allocated to Nigeria’s refineries.
Buhari is keen to root out corruption and plug massive revenue leaks, starting with a restructuring of the state-owned behemoth.
He said about 250,000 bpd of oil was being stolen and that his government was aiming to recover an estimated $150 billion in stolen funds with U.S. assistance.
