Nigeria’s NNPCL sacks management staff close to retirement

The Nigeria National Petroleum Company Limited (NNPCL) today announced the mass sack of all management staff with less than fifteen months to retirement.

The NNPC in a statement said all affected management members in that category will be exiting the company today, September 19, 2023.

The statement which was released late on Monday via the company’s official X platform said the decision is in line with organizational business objectives and commitment to scale up NNPC Ltd.’s capabilities through targeted talent management and equal opportunity for all Nigerians.

“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,” the organisation said.

The statement read further,

“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.”

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