Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Corporation (NNPC) have suggested that the nation\’s four refineries located in Kaduna, Warri and Port Harcourt be reorganized and operated as Incorporated Joint Venture (IJV) companies instead of its current operational mode.
The GMDs Dr. Edmund Daukoru, Chief Odoliyi, Dr. Thomas John, Engr. Lawrence Amu, Dr. Jackson Gaius-Obaseki, Engr. Funsho Kupolokun, Dr. Abubakar Lawal Yar ‘Adua, and Dr. Joseph Dawha, held a meeting with the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and NNPC current GMD, Dr. Maikanti Baru made the suggestion in Abuja where they reviewed the status of Nigeria oil industry and proffered solutions to its challenges.
The quintet of Chief Festus Marinho, Dr. Chamberlain Oyibo, Dr. Mohammed Sanusi Barkindo, Mr. Austen Oniwon and Mr. Andrew Yakubu who are also past GMDs of the NNPC were not in the meeting.