The Nigerian National Petroleum Company (NNPC) Limited has announced that all its management staff with less than 15 months to statutory retirement to exit the company on Tuesday, September 19, 2023.
Nigeria’s state-owned firm made this known on Tuesday via its official Twitter. The decision was in a bid to pursue effective organisational renewal to support the delivery of its strategic business objectives, as it has become imperative to rejuvenate its workforce.
“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 fifteen (15) months to statutory retirement will be exiting the company effective Sept. 19, 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,” it said.
The company had on Sunday announced the appointments of three new Executive Vice Presidents, as well as outlined their various designations.
Oritsemeyiwa Eyesan is now the new Executive Vice President, Upstream, while Olalekan Ogunleye, takes over as Executive Vice President, Gas, Power, and New Energy and Adedapo Segun is now the new Executive Vice President, Downstream.
The latest appointments led to the compulsory retirement of the company’s three former Executive Vice Presidents; Abdulkabir Ahmed, Gas, Power and New Energies; Adokiye Tombomieye, Upstream; and Adeyemi Adetunji, Downstream.