There was a shake-up in the nation’s oil sector as President Goodluck Jonathan removed the Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Austen Oniwon, and three group executive directors.
Oniwon was asked to go on compulsory retirement.
A new GMD in the person of Mr. Andrew Yakubu has been named for the oil corporation.
The GEDs sent packing alongside Oniwon are Mr. Michael Arokodare, in charge of Finance and Accounts; Mr. Phillip Chukwu, Refineries & Petrochemicals; Mr. Billy Agha, Engineering & Technology.
The affected officials, according to a statement by the President’s Special Adviser on Media and Publicity, Dr. Reuben Abati, are expected to proceed on retirement immediately.