NNPC Unbundling: Workers Embark On Immediate Strike Action

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By Dipo Awojobi – Offices of the Nigerian National Petroleum Corporation (NNPC) have been shut nationwide as workers of the state owned oil company embark on strike, reports said.

Unbundling NNPC
Unbundling NNPC

There was no prior warning about the strike said to have been ordered by the two oil unions, NUPENG and PENGASSAN.

President Muhammadu Buhari yesterday approved the split of NNPC into seven independent companies with the immediate effect.

Workers reported for duty at the headquarters in Abuja today, only to find their offices under lock and key.

The unions are said to be protesting against the unbundling of the corporation ordered by President Muhammadu Buhari on Tuesday.

An inside source said that NNPC has not really been unbundled technically and legally, as the Act setting up the 39-year old organisation will need to be amended.

“As it is, NNPC remains, nothing has really changed”, said a source.

The re-organisation of NNPC was announced on Tuesday by Emmanuel Ibe Kachikwu, minister of state and group managing director of the NNPC.

The new units are Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance & Accounts. They will run independently.

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); Dr. 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”.

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