Missing N20b Update: Jonathan Sacks NNPC Director

President Goodluck Jonathan on Wednesday sacked the Group Executive Director, Exploration/Production, Nigerian National Petroleum Corporation, Mr. Abiye Membere, and appointed five new ones to fill all existing vacancies in the "tower of corruption".

Among the GEDs, the one in charge of Exploration/Production is the most influential in the hierarchy of NNPC because the department is responsible for producing crude oil that is the mainstay of the Nigerian economy.

According to a statement by the Presidency, the new appointees and their portfolios are:

Mr. Ian Udoh, Group Executive Director, Refining and Petrochemicals; Dr. Dan Efebo, Group Executive Director, Corporate Services; Ms. Aisha Abdurrahman, Group Executive Director, Business Development.

Others are Mr. Adebayo Ibirogba, Group Executive Director, Engineering and Technical; and Dr. Joseph Dawha, Acting Group Executive Director, Exploration and Production.

Sources say President Goodluck Jonathan is not ready to prosecute anyone at the NNPC yet for the sake of their support in the 2015 elections. NNPC is the cash cow and he needs their support, the source added.