Andrew Yakubu (right above) was yesterday named the new managing director of the Nigerian National Petroleum Corporation (NNPC) after a rejuvenated president just back from Brazil, sent Austen Oniwon (left above), its group managing director and three other executive directors packing.
The action of government is seen as a bid to strengthen the ongoing reforms and transformation of Nigeria’s petroleum sector, and in furtherance of efforts to achieve greater transparency and accountability in government. It comes in the wake of the recent sack by president Jonathan of the National security adviser, Andrew Owoye Azazi and minister of defence, Haliru Bello.
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