Heads roll in NNPC shake-up

Corruption fight: President Goodluck Jonathan

AFP/SCANPIX

Steve Marshall

 27 June 2012 13:24 GMT

Top execs axed in management revamp by president to root out corruption

Top executives at Nigeria National Petroleum Corporation (NNPC), including its managing director, have been ousted by President Goodluck Jonathan in a management shake-up amid claims of corruption at the state-run oil company.

Jonathan has approved a re-composition of NNPC’s management team “to further strengthen the ongoing reforms and transformation of Nigeria’s petroleum sector, and in furtherance of efforts to achieve greater transparency and accountability in government”, according to a statement from the president’s office.

Incumbent managing director Austen Oniwon, finance and accounts director Michael Arokodare, refining director Philip Chukwu and engineering director Billy Agha have all been retired, the statement read.

The president has been…

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