President Buhari yesterday appointed Dr Ibe kachikwu as the new boss of Nigerian National Petroleum Corporation tasking him to recover stolen oil money.Ibe was the vice chairman Exxon Mobile Africa.
Dr Kichukwu was appointed on merit after beating 3 other candidate in the selection process,he may be appointed as a Minister of State for Petroleum,due to his credentials.it took a lot for Buhari to convince him to accept the Job been afraid he will be messed up like other Nigerian,he was assure by the president that he will not interfere in his Job but task him with the following responsibility
- clean up the NNPC system of corrupt elements;
- recover all stolen crude oil funds;
- work with the Economic and Financial Crimes Commission (EFCC) and the Directorate of State Service (DSS) to trace and recover stolen oil cash;
- review the structure of the NNPC to compete globally;
- giving targets to all subsidiaries and put in place performance benchmarks; and
- fix all refineries, which must work at optimal level, “even if it means using expatriates in the interim”.
According to source “The President opted for Kachikwu who is the Vice President of Exxon Mobil, not only in Nigeria but in Africa. Buhari was impressed by his impeccable credentials as the most senior black African in any multi-national oil firm in the world with 30 years experience.
“Apart from being a First Class graduate, Kachikwu also obtained PhD in Law which enabled him to rise to company secretary in Exxon Mobil.”
“In their negotiation, President Buhari repeatedly said: ‘I won’t interfere with your work; I will give you a free hand because I want to reform this oil sector once and for all.’ The GMD accepted the job following what he realized as “the infectious patriotism and genuine intention of the President,: the source said.
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