With the backing of Nigerian President Muhammad Buhari, group executive directors have been appointed to take charge of four new NNPC divisions, half the number that previously existed.

Maikanti Baru will head the exploration and production business, with Isiaka Abdulrazaq responsible for finance and services.

Dennis Nnamdi Ajulu takes control of refining and technology, while Babatunde Victor Adeniran is looking after the commercial and investment division.

Separately,