The appointment of Jean-Marc Cordier as the head of the oil trading arm of the Nigerian National Petroleum Company Limited has raised diverse concerns among industry experts and operators.
Cordier would head Nigerian National Petroleum Company Trading Limited, a subsidiary of Nigerian National Petroleum Company Limited, and this was announced in a statement issued in Abuja by the company’s Chief Corporate Communications Officer, Garba-Deen Muhammad.
The announcement, however, triggered resentments among analysts and operators yesterday, though other experts found nothing wrong with the development.
Energy expert and Chief Executive Officer, Sage Consulting, Bode Fadipe, said that it is of concern to most Nigerians that at this time of our life we are still having a foreigner in such a strategic business enterprise in the country.
Fadipe said this was the first time he would see such an appointment in the national oil company, describing the development as abnormal.