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.
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.