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The Board of Directors at the Nigerian National Petroleum Company Limited (NNPC) has announced a significant leadership overhaul aimed at enhancing corporate governance and boosting operational efficiency.

This development was communicated in a press statement released on Wednesday by Olufemi Soneye, NNPC’s Chief Corporate Communications Officer.

In this wave of new appointments, Mr. Adedapo A. Segun has been appointed as Chief Financial Officer (CFO), moving from his previous role as Executive Vice President of the Downstream sector, where he made substantial contributions to NNPC’s operations.

Segun takes over from the outgoing CFO, Umar Ajiya.

Additionally, Mr. Isiyaku Abdullahi has been elevated to the position of Executive Vice President (EVP) of Downstream.

Udobong Ntia has also been appointed as Executive Vice President (EVP) of Upstream, succeeding the outgoing EVP Oritsemeyiwa Eyesan..

The statement read, “These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives.

“The Board and Management also extend their deepest appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their outstanding dedication and service to NNPC Limited.

“NNPC Limited remains committed to achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritising the interests of the Nigerian public in the petroleum industry.”

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