The Nigerian National Petroleum Company (NNPC) Ltd has announced major leadership changes, including the sack of over 200 employees and the appointment of new executives in key departments.

Maryam Idrisu has been named the new Managing Director of NNPC Trading, while Obioma Abangwu has been appointed Chief Liaison Officer for Board Matters.

The restructuring is part of a broader shake-up within the state-owned oil giant, which sources say may mark the beginning of a new wave of organizational reforms.

According to reports, the shake-up also led to the departure of several top executives, including Ibrahim Onoja, Managing Director of Kaduna Refinery, and Bala Wunti, former head of National Petroleum Investment Management Services (NAPIMS).

Lawal Sade, the former Chief Compliance Officer and ex-MD of NNPC Trading, has also been asked to resign.A company insider disclosed that, “Many of those affected had about 17 months or below to retire, so they were given incentives to retire early to allow fresh people into the system.

It is a practice that has been going on for years in the NNPC.”The move also reportedly affects individuals previously aligned with former Group CEO Mele Kyari.

Over 200 workers were impacted, fueling speculation of deeper internal restructuring.

Meet the New Appointees:Maryam Idrisu brings vast experience to her new role, having previously served as Executive Director of Planning and Commercial at NNPC Trading, and in several senior roles within the Crude Oil Marketing Division.

She holds a Master’s in Energy Economics from the University of Dundee and a degree in Economics from the University of Abuja.Obioma Abangwu, a known golf enthusiast, was formerly the Head of Corporate Law and Board Matters at NNPC.

This leadership revamp comes as NNPC also adjusts petrol pump prices nationwide.

In Lagos, fuel now sells for N910 per litre, down from N925, while Abuja stations have dropped from N950 to N935.