New restructuring at NNPC Ltd impacts over 200 employees

NNPC

In a major shake-up of its management structure, the Nigerian National Petroleum Company (NNPC) Ltd has reportedly terminated the services of several senior executives, sources reveal.

Among those departing are Bala Wunti, the former head of the National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, the managing director of the Kaduna Refinery. Also part of the restructuring is Lawal Sade, the chief compliance officer and former managing director of NNPC Trading. These individuals are said to have close ties with Mele Kyari, who was removed from his position as Group CEO on April 2, 2025.

Sources indicate that the restructuring has affected over 200 employees, signaling the beginning of what could be a broader overhaul of the organization’s workforce.

However, the restructuring has also seen an increase in female representation within the company’s senior leadership. Notably, Maryam Idrisu has been appointed as the new managing director of NNPC Trading, responsible for overseeing all crude oil transactions. Additionally, Obioma Abangwu has been named chief liaison officer for board matters.

Daily Sun understands that these changes have been met with positive reception from staff, indicating a sense of optimism within the organisation.

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