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Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation - Politics - Nairaland

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Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by oludashmi(f): 1:00pm On Aug 05, 2015
During the final negotiation which made Emmanuel Kachikwu the new boss of the Nigeria National Petroleum Corporation (NNPC), President Buhari gave him six terms of reference to reshape the oil corporation.

They are to:

1. Clean up the NNPC system of corrupt elements;
2. Recover all stolen crude oil funds;
3. Work with the Economic and Financial Crimes Commission (EFCC) and the Directorate of State Service (DSS) to trace and recover stolen oil cash;
4. Review the structure of the NNPC to compete globally;
5. Giving targets to all subsidiaries and put in place performance benchmarks; and
6. Fix all refineries, which must work at optimal level, “even if it means using expatriates in the interim”.

A source said: “The new GMD of NNPC was picked after a thorough search by the President. Actually, at the end of the search, the choice was narrowed down to four candidates.

“The President opted for Kachikwu who is the Vice President of Exxon Mobil, not only in Nigeria but in Africa. Buhari was impressed by his impeccable credentials as the most senior black African in any multi-national oil firm in the world with 30 years experience.

“Apart from being a First Class graduate, Kachikwu also obtained PhD in Law which enabled him to rise to company secretary in Exxon Mobil.

“In their negotiation, President Buhari repeatedly said: ‘I won’t interfere with your work; I will give you a free hand because I want to reform this oil sector once and for all.’ The GMD accepted the job following what he realized as “the infectious patriotism and genuine intention of the President.”

http://www.nigerianheadlines.com/nnpc-buhari-gives-kachikwu-six-terms-of-reference-to-reshape-oil-corporation/
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by Nobody: 1:01pm On Aug 05, 2015
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Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by jantofubu(m): 1:07pm On Aug 05, 2015
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Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by rottennaija(m): 1:07pm On Aug 05, 2015
I know what I'm doing
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by GERARAHIA: 1:08pm On Aug 05, 2015
shocked
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by socialmediaman: 1:11pm On Aug 05, 2015
Kaichukwu has stepped into the shoes Dora Of blessed memory. His resolve to keep his hands clean and keep his heart straight will see him through. This is an honorable position, yet delicate. History will forever be kind to him if he threads a transparent part all the way. Spoilers will come knocking at his door from day one to influence his thought pattern with their rots, he must thread carefully and avoid all manner of compromise that will eventually backfire. May God be with him...
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by Milliprime: 1:11pm On Aug 05, 2015
These targets lipsrsealed

Make i seal mouth before i commit
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by EdCure: 1:15pm On Aug 05, 2015
This government means work...I mean, real business!

3 Likes

Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by hazyfm1: 1:16pm On Aug 05, 2015
WELCOME TO THE NEW NIGERIA



#SO PROUD
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by hazyfm1: 1:18pm On Aug 05, 2015
jantofubu:
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U ARE HIGH
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Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by EdCure: 1:19pm On Aug 05, 2015
Milliprime:
These targets lipsrsealed
Make i seal mouth before i commit
Typical PDP apologist. Always allergic to high expectations.

4 Likes

Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by Abugab(m): 1:27pm On Aug 05, 2015
For all those crying for ministers, hope you have seen how people are appointed into positions of leadership with clear cut deliverables and gotten through thorough search?
You all want people appointed without any mandate or expectations and they then come to office and start looting.
PMB means well for this country and that is why he won't interference with the new man's job.
Wish the new GMD a successful tenure as his success will remain in the annals of our nation's history.
Sai Baba
Re: Buhari Gives Kachikwu Six Terms Of Reference To Reshape Oil Corporation by Chiaka(f): 1:32pm On Aug 05, 2015
2. Recover all stolen crude oil funds;

Number 2 is shouldn't be part of his job description, that's the job of EFCC and other disciplinary bodies!

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