The nomination of Jean-Marc Cordier as the head of the Nigerian National Petroleum Corporation Limited’s oil trading division has sparked a variety of worries among operators and professionals in the sector.
According to a statement released in Abuja by the company’s Chief Corporate Communications Officer, Garba-Deen Muhammad, Cordier will lead NNPC Trade Ltd, a subsidiary of NNPCL.
The insider said, “Will there not be rivalry and strife if the expatriates are on M3 NNPC grade (Executive Vice President is M2, Group Chief Executive Officer is M1) at the expense of the company’s man-hours?”
When asked what the possible justifications for hiring expatriates may be if the units they would be in charge of were already operating profitably with local management, the source said.