₦airaland Forum

Shout-out to all those that have stacked on Barca on Bet Nija, SureBets and the rest.

The Lord is their strength.

Henrybright:
How do you guys see this bus, it's said to be the world tallest bus. Can you make use of it??

The bus cannot exist as it is.

It is practically not practicable...

People can be soo wicked at heart and brilliantly mild on the face.

Just Negodu

Ngozi123:
Shukran jazeelan!

You're welcome..

This kind of news or activities/events shouldn't be making FPs jare. IMOO (In My Own Opinion)

Ngozi123:
Ya'ani 'friend of truth', sah?

Can also mean sweetie...

Killer

HungerBAD:
Source?

Source and sauce served.

EXCLUSIVE: Real Reasons President Jonathan Fired NNPC GMD, Andrew Yakubu


The immediate trigger for the sudden sack of erstwhile Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, is becoming clearer more than a month after Mr. Yakubu and some other top officials of the state oil company were replaced.

PREMIUM TIMES can authoritatively reveal that Mr. Yakubu, who spent two years in office, had to go after the Minister of Petroleum Resources, Diezani Alison-Madueke, accused him of insubordination over the appointment of a new Managing Director for the upstream subsidiary of the NNPC, the Nigerian Petroleum Development Company (NPDC).

Mr. Yakubu, who was appointed July 1, 2012, was the fourth GMD of NNPC in the about five-year reign of the minister.

This newspaper learnt that while the former NNPC boss made a case for an engineer with a sound technical background to be appointed for the company responsible for NNPC’s oil exploration and production operations, reliable presidency and industry sources say the minister wanted a lawyer she considered a loyalist.

Despite being a strategic arm of the corporation, the NPDC had remained without a substantive head for almost a year allegedly over the refusal of the NNPC management, led by Mr. Yakubu, to buckle under the Minister’s pressures.

Since coming on board as the GMD NNPC, Mr. Yakubu was said to have consistently resisted the proposal to appoint a non-technical person into the office, a development that constantly put him in the firing line as he crossed swords with Mrs. Alison-Madueke on several occasions.

Sources at the NNPC and the minister’s office, who spoke with PREMIUM TIMES on condition of anonymity for fear of being victimized, revealed that the appointment of the Managing Director for NPDC was one of the issues that always brought Mr. Yakubu in direct confrontation with the Minister.

“The face-off between the Minister and the GMD NNPC has been raging for a long time,” one of our sources said. “The NPDC issue was only one of several. In fact, the former GMD managed to remain in office that long because of the Vice President, Namadi Sambo, who is from the same geo-political zone with him and always stood up to his defence each time the Minister wanted his head.”

However, the last straw that led to the removal of Mr. Yakubu was the issue of appointment of the Managing Director of NPDC, this newspaper understands.

Our sources said the former NNPC GMD stood up to the Minister on the issue, which some NNPC Board members said generated serious tension for days, resulting in the movement of staff and visitors to the management floors of the NNPC Towers being restricted as the issues was deliberated upon.

The 10th and 11th floors of the A wing of the building houses the offices of the Minister and the GMD.

During the meeting, the Minister was said to have asked the former GMD to nominate candidates for the NPDC top job, ostensibly to create the impression that the NNPC was the initiator of the process that would culminate in the final appointment.

But Mr. Yakubu, our sources say, in line with his conviction that only a person with technical background was fit to be in charge of an important subsidiary such as NPDC, was said to have suggested two candidates, who did not include the lawyer the minister wanted.

A heated argument that ensued allegedly resulted in a stalemate, with the Minister accusing the former GMD of “gross insubordination taken too far”.

Coincidentally, a day after the tensed meeting, PREMIUM TIMES had published an exclusive report highlighting the minister’s lethargic management style of “micro-managing the entire petroleum industry as her personal estate using her powerful personal aides to carry out key policies, rather than designated officials”.

The minister, who was said to have used the media report as another confirmation of alleged insubordination by her subordinates, allegedly fingered Mr. Yakubu as the prime suspect and sponsor of the publication.

In anger, the minister was said to have reported Mr. Yakubu to the vice President before going to the President to demand his immediate sack.

A few hours later, Mr. Yakubu was fired and replaced by his kinsman, Joseph Dawha, who until his appointment was the acting GED, Exploration and Production of NNPC.

The President then immediately approved the appointment of Anthony Muoneke as Managing Director of NPDC.

Mr. Muoneke, said to be an oil and gas lawyer, was Mrs. Alison-Madueke favourite candidate opposed by Mr. Yakubu, who insisted that it would be counter productive to appoint a lawyer to run an oil and gas production company.

Prior to his appointment, Mr. Muoneke, who was called to the Nigerian Bar in 1985, was the Executive Director, Finance & Administration, Niger Delta Power Holding Company Limited, NDPHC.

But even before the minister and the sacked NNPC boss clashed over the appointment of a chief executive for the NPDC, the two officials had for long related with each other with suspicion.

To avoid direct dealings with the former NNPC GMD, the sources said the minister resorted to a management style that saw her using her powerful personal assistants and sidelining the top management of the corporation in implementing some top oil industry policy decisions.

For instance, the sources said the Group Executive Directors (GEDs) of some key subsidiaries of the NNPC were encouraged to undermine the NNPC GMD.

They listed some GEDs of NNPC subsidiaries, who routinely bypassed the chain of command to report directly to the Minister first before their parent management to include those in charge of Pipelines and Petroleum Marketing Company (PPMC), and Crude Oil Marketing Department.

Other officials bypassing the GMD include those in charge of refining and petrochemical, which supervises the operations of the country’s four refineries and petrochemical companies as well as heads of the Legal and Corporate Services Department, which is also in charge of the management of NNPC’s Board secretariat.

Although Mr. Yakubu’s face-off with the Minster had been on for a long time, the sources told PREMIUM TIMES that the sacked NNPC GMD became a marked man whose days were numbered early this year when the N10 billion private aircraft contract scandal blew open.

When the scandal broke, our sources said, the minister and her aides allegedly blamed it on the former NNPC GMD whom they suspected was behind the leakage of information to members of the House of Representatives.

In an attempt to halt the alleged leakage of contract details, the minister was said to have directed the then Secretary to the NNPC Board and Legal Adviser, Anthony Madichie, to take action to protect the confidentiality of the corporation’s official records and block leakers from gaining access.

When Mr. Madichie couldn’t deliver, the Minister reportedly recommended his immediate removal from office. He was replaced by Ikechukwu Oguine as Coordinator, Legal Services and Company Secretary of the corporation.

The Presidency did not offer any reason for Mr. Madichie’s removal in April, the second time members of the NNPC top management would be removed in a space of two months since March 2014, when the President appointed new GEDs.

Industry experts however alleged that the constant changes were part of a grand design by the administration to enable card-carrying politicians, rather than professionals, take over the NNPC Board as well as the corporation’s subsidiaries.

The minister and her aides declined to comment for this story.

Repeated calls to the minister’s known telephone line failed to connect.

Several calls to her Senior Special Assistant, Kevin Alonzo, were not responded to last week.

When similar calls were made to the Group General Manager Group Public Affairs of NNPC, Ohi Alegbe, he requested the reporter to send a text message.

He however did not reply the text message, as well as emails sent to him.

https://www.google.com.ng/amp/www.premiumtimesng.com/news/headlines/168012-exclusive-real-reasons-president-jonathan-fired-nnpc-gmd-andrew-yakubu.html/amp

Juicegal:
My dear nairalanders

Please what is the role and job responsibilities of an Office admin staff in a bank and how does it compare to the other departments like marketing, operations , interna controls etc in status and salary scale.

Thanks for your answers

Admin?

Also referred to as Back Office in some organisations

Most Banks have scrapped Admin roles and collapsed the duties to Operations' roles. Where the role still exist, it is centrally managed. Its either the task is meaningful or the role is contracted to an out-sourcing company or managed by IT (Industrial Attachement) persons under supervision of experienced / trusted core staffs.

Any activity that do not directly impact the balance sheet is not seen as a core job function and would not be managed by a core-staff that has emoluments and other benefits with the bank.

More? Check Moniker henrinity

Hope this sheds a little light

khalids:
How does this quote apply in this case

She cheated on her husband... in a bid to cover her tracks, sets the house on fire. A long last, she didnt make nothing right...

She lost on all fronts.

Congratulations and thanks to God for safety

Two wrongs do not make a right

Are they are doing this on a railway track? Abi what am I seeing there on the second pix ?

Same goes for business owners and workers alike..

Ontarget:
What kind of question is this? The public will need to give feedback if the soot has stopped na

Exactly...

They walk, drive and live in PH. They'll equally know that fact. They need not be told. This is public health we are talking about here na.

My oga at the office is also running the marathon.

Mr Ogbeni is working

aminulive:
Chinese firm was burning asphalt which resulted in black soot


The rivers state government has shut down a company responsible for the black soot environmental hazard that has been plaguing the state's capital, port-harcourt in recent times.

A statement signed by Austin Tam-George, the rivers state commissioner for information, reads;

This is to inform the public that a Chinese construction company, named CGC, located on the Obirikwere-Airport Link Road has been shut down on Friday, the 10th of February, 2017, by the Rivers State Task Force on the Black Soot.

The Asphalt plant was found to be producing thick black smog out of the furnace in the process of burning Asphalt, heavily polluting the air.

The Asphalt plant was immediately shut down by the task force. All the directors of the company will be prosecuted according to the law.The public is therefore advised to cooperate with the Task Force, by providing useful information on the Black Soot.
http://politicsngr.com/rivers-state-shuts-company-responsible-black-soot/
cc: lalasticlala

What kind of information do you need again from the public...

They better deny.

To the dead, RIP

jojothaiv:
Scientists ke, na atheists e for be jo...

Do you know the 'scientists' being referred to here? I guess you don't..

Wish I knew where dem from come!!

But dre11 with this kind of news en..

Thats politics of hate, if true

This cant be true

The State employ over 5000 teachers?

That quite a number

abasha, iranu

Scientists are at work here!!

Let people fear God o

The rich also cry

Poverty Eradication

I'll be back to comment

Another issue with this herdsmen?!

dragonking2:
I don't do ponzi schemes but it seems everyone around me is doing even my close relatives are doing.

The latest criminal site is donation hub. Just like mmm this one will soon crashed.
My friends have started complaining that there is delayed in payment or people are not willing to pay like before.

This is a sign of potential crash,better run nowwww

News bearer. I wonder why you wanna crash it