Nigeria, April 30 -- The Nigerian National Petroleum Company Limited (NNPC Ltd) has sacked the managing directors of the three state-owned refineries.

The company also directed management staff with less than a year to retirement to proceed on exit.

A source familiar with the matter told PREMIUM TIMES Tuesday night that the Managing Director of the Port Harcourt Refining Company Limited (PHRC), Ibrahim Onoja; the Managing Director of Warri Refining and Petrochemical Company Limited (WRPC), Efifia Chu, and the Managing Director of Kaduna Refining and Petrochemical Company (KRPC), Mustafa Sugungun, have been removed.

"Replacements for their roles have yet to be officially announced. Bala Wunti, the former Chief Upstream Investment Office...