Why We Retired Management Staff Less Than 15 Months To Retirement – NNPCL

September 19, 2023
NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon
Group Managing Director of NNPC Mele Kyari

Nigeria National Petroleum Company Limited (NNPCL) has announced the exit of some management staff with less than 15 months to statutory retirement.

The mandatory retirement takes effect from Tuesday, 19 September 2023.

Join our WhatsApp Channel

READ ALSO: Breaking: NNPCL Signs MoU On Gas Supply With Indorama  

This was made known in a terse statement released by the management of the company dated 18 September.

The national oil company said the exit of the staff is to pave the way for rejigging the workforce.

The statement said: “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 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.”

Recall that NNPCL on 17 September appointed new Executive Vice Presidents for its upstream, downstream and gas and power operations.

They are: Oritsemeyiwa A. Eyesan, Executive Vice President, Upstream; Adedapo A. Segun, Executive Vice President, Downstream; and Olalekan Ogunleye, Executive Vice President, Gas, Power, and New Energy.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Previous Story

Sao Tome and Principe Withdraws From 2024 AWCON Qualifier Against Nigeria’s Super Falcons 

‘Whenever Mohbad Was With Me, He Was Full Of Fear’- Mohbad’s
Next Story

Mohbad’s Death: Folakemi Falana Calls For Autopsy

Featured Stories

Latest from News

Court Halts Nationwide Enforcement of Tinted Glass Permit Policy

The Nigeria Police Force (NPF) has suspended the nationwide enforcement of the Tinted Glass Permit policy following an interim court order restraining the police from proceeding with the exercise. The Force had, on December 15, 2025, announced the resumption of enforcement of
Previous Story

Sao Tome and Principe Withdraws From 2024 AWCON Qualifier Against Nigeria’s Super Falcons 

‘Whenever Mohbad Was With Me, He Was Full Of Fear’- Mohbad’s
Next Story

Mohbad’s Death: Folakemi Falana Calls For Autopsy

Don't Miss

Ogun Govt Launches 17 CNG Mass Transit Buses

To Avert Cameroon-Bakassi Situation, Gov Abiodun Engages Benin President On Oil-rich Tongeji Island

The Governor of Ogun State, Dapo Abiodun, has insisted that

KPMG Names Polaris Bank Most Improved Retail Bank

Polaris Bank has been listed as the most improved bank