NNPC Announces Major Leadership Reshuffle to Strengthen Nigeria’s Energy Sector

By Okafor Joseph Afam, November 14, 2024

In a major leadership reshuffle, the Nigerian National Petroleum Company Limited (NNPC) has announced a series of appointments aimed at boosting operational efficiency and securing long-term success in Nigeria’s energy sector. The changes were confirmed in a statement on Wednesday night by NNPC’s Chief Corporate Communications Officer, Olufemi Soneye.

Among the new appointments, Mr. Adedapo A. Segun has been promoted to the role of Chief Financial Officer (CFO) following his impactful tenure as Executive Vice President, Downstream. Mr. Segun’s extensive experience and contributions to the downstream sector have positioned him as a key figure in the company’s financial strategy.

The reshuffle also sees Mr. Isiyaku Abdullahi stepping into the role of Executive Vice President (EVP), Downstream, and Mr. Udobong Ntia taking up the position of EVP, Upstream. This strategic alignment of leadership is expected to bring new energy to both the upstream and downstream operations, reinforcing NNPC’s vision for a unified, efficient, and competitive national oil company.

“These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organization’s strategic objectives,” Soneye stated. He further emphasized the company’s dedication to fostering a robust leadership culture as a foundation for growth.

In the same statement, NNPC’s Board and Management expressed deep gratitude to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their exceptional dedication and years of service to the organization.

NNPC remains committed to achieving operational excellence, enhancing its competitiveness on a global scale, and ensuring financial sustainability. At the same time, the company is focused on safeguarding the interests of the Nigerian public in the evolving petroleum industry, reaffirming its role as a central player in Nigeria’s energy future.

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