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NNPC chief executives sign performance bond with GMD
  • Post by Admin on sunday, March 05, 2015

The chief operating officers of the five autonomous business units and two directorates of the Nigerian National Petroleum Corporation on Thursday signed a performance bond with the oil firm's Group Managing Director, Dr. Maikanti Baru.

According to the corporation, the exercise is part of measures aimed at transforming the NNPC into a commercially-focused and profitable business organisation. The performance bond, tagged, 'Corporate Scorecard Key Performance Indicators', contains the key deliverables for the upstream, downstream, refineries, gas and power, and ventures autonomous business units, as well as finance and account, and corporate services directorates for 2017.

The Group General Manager, Group Public Affairs Division, NNPC, Mr. Ndu Ughamadu, said in a statement issued in Abuja that the bond would serve as key business objective that each of the units would pursue and was expected to achieve.

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