Many management staff of the Nigerian National Petroleum Company Limited (NNPCL) will exit the company today, Dateline Nigeria reports.
This followed the announcement from the NNPCL that all management staff with less than 15 months to statutory retirement will be exiting the company today, September 19, 2023.
Insider sources said many management staff will exit the company based on this new announcement.
Dateline Nigeria also reports that this announcement is coming 48 hours after the appointment of three new Executive Vice Presidents — Oritsemeyiwa A. Eyesan (Upstream sector), Olalekan Ogunleye (Gas, Power, and New Energy) and Adedapo A. Segun (Downstream sector).
The latest statement by the management reads:
“In our bid to pursue effective organisational renewal to support the delivery of our strategic business objectives, it has become imperative to rejuvenate our workforce.
“Consequently, in addition to the recent exit of three (3) Executive Vice Presidents, other Management Staff with less than fifteen (15) months to statutory retirement will be exiting the Company effective 19th September 2023.
“This is in line with our commitment to scale up NNPC Ltd.’s capabilities through targeted talent management and equal opportunity for all Nigerians.”
