The Nigerian National Petroleum Company Limited (NNPCL) is set to sack top management staff who have less than 15 months to retire from the national oil company, with effect from September 19, 2023.
The development comes days after the oil company announced the removal and replacement of three of its executive vice presidents.
Those impacted by the previous shakeup included Abdulkabir Ahmed, who was hitherto in charge of gas, power, and new energies; Adokiye Tombomieye, who headed the upstream segment; and Adeyemi Adetunji, who was in charge of the downstream.
In a statement by Garba D. Muhammad, the company’s Chief Corporate Communications Officer, the NNPC stated that the new reshuffling was in line with its aspiration to rejuvenate its workforce.
“In our bid to pursue effective organizational 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 executive vice presidents, other management staff with less than 15 months to statutory retirement will be exiting the company effective September 19, 2023,” the statement said.
The NNPC noted that the move was in line with its commitment to scale up its capabilities through targeted talent management and equal opportunity for all Nigerians.
