NNPC Sacks All Top Management Staff Today, 15 Months Before Retirement, Gives Reasons

NNPC Sacks All Top Management Staff Today, 15 Months Before Retirement, Gives Reasons

  • The Nigerian National Petroleum Company Limited (NNPCL) has continued its organisational changes
  • The oil company, in a new announcement, revealed that staff with less than 15 months to retire will be sacked
  • NNPC noted that the move aligned with its commitment to scale up its capabilities through targeted talent management and equal opportunity for all Nigerians

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The Nigerian National Petroleum Company Limited (NNPCL) is set to sack top management staff with less than 15 months to retire from the national oil company today, Tuesday, September 19, 2023.

This is coming a few days after the oil company announced the removal and replacement of three of its executive vice presidents (EVPs)

NNPC staff changes
NNPC continues organisational changes. Photo credit: NNPC limited
Source: Getty Images

Legit.ng had reported that the Executive Vice President for Gas, Power, and New Energies, Abdulkabir Ahmed, the Executive Vice President for Upstream, Engr. Adokiye Tombomieye and the Executive Vice President for Downstream, Adeyemi Adetunji, in charge of NNPC's downstream and upstream services, all left NNPC.

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They were replaced by:

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  • Oritsemeyiwa A. Eyesan, Executive Vice President, Upstream
  • Olalekan Ogunleye, Executive Vice President, Gas, Power, and New Energy
  • Adedapo A. Segun, Executive Vice President, Downstream

More changes in NNPCL

To continue with the changes, NNPCL, in a statement on its verified X account, stated that there would be more changes in the coming days.

The oil company explained the changes aligned with its commitment to scale up its capabilities.

The statement 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 executive vice presidents, other management staff with less than 15 months to statutory retirement will be exiting the company effective Today, Tuesday, September 19, 2023.”

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NNPC sets date for completion of Port Harcourt refinery

In another report, Mele Kyari, the Group Managing Director of the Nigeria National Petroleum Company (NNPC), promised that the Port Harcourt refinery would be ready.

He made the promise before the House of Representatives on the resumption of the investigation into the state of the country’s refineries.

Kyari, who was represented by the General Manager of Refineries & Petrochemicals, Mustapha Yakubu, reaffirmed the expected completion date to the lawmakers.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.