There is panic among members of staff of the Nigerian National Petroleum Corporation, NNPC, at present, following the unbundling of the establishment by the Federal Government on Tuesday.

Our correspondent learnt that members of staff were scared of losing their job with the new structure in place.

When the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu announced the unbundling yesterday, it was learnt that  some members of staff were disturbed and had to begin lobbying with relevant authorities to keep their job.

However, the minister had said that the organizational realignment was not about staff layoffs, but about placing the right people in the right places to do the right thing.

On Tuesday the government unbundled NNPC into new units, which include Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance and Accounts.

The chief executives of the new units are: Bello Rabiu (Upstream); Sa’idu Mohammed (Gas and Power); (Anibor Kragha) Refining; Henry Ikem-Obih (Downstream); 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.