NNPC Overhauls Leadership: Maryam Idrisu, Obioma Abangwu Appointed Amid Mass Staff Exit

The Nigerian National Petroleum Company (NNPC) Ltd has initiated a significant restructuring of its leadership, appointing Maryam Idrisu as the new Managing Director of NNPC Trading and naming Obioma Abangwu as Chief Liaison Officer for Board Matters. These changes come as part of a sweeping reform move that has seen the termination of over 200 staff, including close allies of former Group Chief Executive Officer, Mele Kyari.

Among the most notable exits are Bala Wunti, former Chief of National Petroleum Investment Management Services (NAPIMS); Ibrahim Onoja, Managing Director of the Kaduna Refinery; and Lawal Sade, the company’s Chief Compliance Officer. The company confirmed that this is the start of a broader shake-up aimed at repositioning the company for efficiency and aligning with new strategic goals.

While many have interpreted the move as politically charged, insiders clarified that those affected largely had 17 months or less until retirement. According to internal sources, this “incentivized early retirement” approach isn’t new but is designed to make way for younger professionals and inject new energy into the company’s operations. Interestingly, some promoted staff are still considered close to Kyari, suggesting the transition isn’t purely about loyalty shifts.

As for the new appointees, Idrisu brings deep experience in trading and pricing strategy, having held senior roles across NNPC’s trading arms and earning a Master’s in Energy Economics from the University of Dundee. Though less publicly profiled, Abangwu has a strong legal background and previously led Corporate Law and Board Matters for the company. Her appointment signifies a focus on governance and internal compliance in the evolving NNPC structure.

Source: Business day