Oil, Gas Stakeholders Commend FG Over Kachikwu’s Appointment As NNPC GMD

Oil and gas sector stakeholders on Wednesday commended the Federal Government for appointing Dr Emmanuel Kachikwu, as Group Managing Director of the Nigeria National Petroleum Corporation (NNPC).
They said in separate interviews with the News Agency of Nigeria (NAN) in Lagos that the appointment showed government's commitment to use technocrats in managing the nation’s oil and gas wealth.

Oil and gas sector stakeholders on Wednesday commended the Federal Government for appointing Dr Emmanuel Kachikwu, as Group Managing Director of the Nigeria National Petroleum Corporation (NNPC).
They said in separate interviews with the News Agency of Nigeria (NAN) in Lagos that the appointment showed government's commitment to use technocrats in managing the nation’s oil and gas wealth.
Mr Chinedu Okoronkwo, National President, Independent Petroleum Marketers Association of Nigeria (IPMAN), said the choice of Kachikwu was timely and value added for the nation’s oil and gas industry.
Okoronkwo said that Kachikwu had all it took to turn around the fortune of NNPC.
On the retirement of Dr Joseph Dahwa, the IPMAN boss said it was a normal procedure at the enthronement of a new government.
“There is nothing unusual about this development neither is it new. It’s traditional,” he said.
Mr Kola Balogun, Chairman, Momas Meter Manufacturing Company Ltd, said that Kachikwu’s antecedents in the industry would assist in the ongoing repositioning of NNPC.
Also speaking, the Managing Director of Divon Engineering Ltd, Mr Andy Ikekhide, said that the new GMD's experience in ExxonMobil would help in the overhaul of the state-owned oil company.
“He needs the experience of sincere, committed and competent hands within the corporation to compliment his experience from Exxonmobil,” Ikekhide said.
He also said effort should be geared to identify and block all operational loopholes that bred corruption in the system.
Mr Mike Osatuyi, IPMAN’s Operations Director, said that the change of leadership at the NNPC was anticipated and in line with mission of the new administration.
President Muhammadu Buhari on Aug. 4 appointed Kachikwu as the new boss of NNPC after retiring Dr Joseph Dahwa.
Kachikwu's appointment came a few months after President Buhari dissolved the Board of Directors of NNPC.