Connect with us

Business

NNPC Drops Management Staff With Less Than 15 Months To Statutory Retirement

NNPC Limited aims to enhance its capabilities through targeted talent management…

Published

on

nnpc1
NNPC

The Nigerian National Petroleum Corporation Limited (NNPC Limited) has announced organizational changes.

According to a statement released by the management of the organization and made available to VerseNews, employees with less than fifteen months left until statutory retirement will leave the company on September 19, 2023.

The move is part of NNPC Limited’s effort to rejuvenate its workforce and support its strategic business objectives.

Advertisement

In addition to three Executive Vice Presidents who recently left, other Management Staff meeting the same retirement criteria will also exit on the same date.

RECOMMENDED FOR YOU  Dangote Refinery’s 1.4mbpd Expansion to Create 95,000 Jobs

NNPC Limited aims to enhance its capabilities through targeted talent management and equal opportunities for all Nigerians.

“In our bid to pursue effective organizational renewal to support the delivery of or strategic business objectives, it has become imperative to rejuvenate our workforce.

Advertisement

“Consequently, in addition to the recent exit of three (3) 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 sale up NNPC Ltd’s capabilities through targeted talent management and equal opportunity for all Nigerians,” the statement reads

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Atiku abubakar Atiku abubakar
Politics19 minutes ago

‘There Is No Shaking’ — Atiku Reveals Next Move After Court Voids His ADC Presidential Ticket

Atiku has vowed to challenge the court judgment nullifying the David Mark-led ADC leadership and his presidential nomination, urging supporters...

Ronaldo 9.jpg Ronaldo 9.jpg
Sports5 hours ago

BREAKING: Cristiano Ronaldo Retires From International Football

Cristiano Ronaldo has announced his retirement from international football, saying he will hand back Portugal’s No. 7 shirt after the...

Atiku unhappy sad angry Atiku unhappy sad angry
Politics5 hours ago

BREAKING: Court Nullifies Atiku’s 2027 Presidential Candidacy

The Federal High Court in Abuja has nullified the Senator David Mark-led ADC caretaker committee and invalidated actions taken under...

Pharmacists Pharmacists
News8 hours ago

Medipool: Pharmacists Challenge FG’s Drug Supply Arrangement, Demand Public Oversight

Medipool has come under criticism from the Pharmaceutical Society of Nigeria, which wants stronger public oversight and legal safeguards for...

Senate 1 Senate 1
News8 hours ago

Emergency Treatment: Senate Advances Bill Proposing Jail Terms for Delays

An emergency treatment bill proposing penalties for delays in care has passed second reading in the Senate, as lawmakers debate...

NIMC NIMC
News8 hours ago

NIN Project: FG Seeks One-Year Extension as $196 Million Remains Unused, Issuance Falls Short

Nigeria’s NIN project faces a proposed extension to December 2027, with approximately $196 million undisbursed and identification issuance below target.

NNPC Clarifies Prices Changes NNPC Clarifies Prices Changes
Business9 hours ago

NNPC Posts ₦509 Billion September Profit as Revenue Hits ₦4.61 Trillion

NNPC reported ₦509 billion in profit after tax for September 2026, alongside ₦4.61 trillion in revenue and a modest increase...

IMG 1197 2026 06 24 952 IMG 1197 2026 06 24 952
Education9 hours ago

FG Connects Teachers with Students, Promises Free Data

Inspire Live will connect pupils to interactive online lessons with free data access, Education Minister Tunji Alausa says, as the...

BOI BOI
Business9 hours ago

BOI Signs $50 Million IFC Loan Deal, Reserves 25% for Women-Owned Businesses

BOI has signed a $50 million loan agreement with IFC to expand financing for Nigerian small businesses, with at least...

air flight air flight
News9 hours ago

Christmas Travel: Domestic Airfares Top ₦330,000 on Selected Routes

Domestic airfares for December travel have exceeded ₦330,000 on selected routes, with one Lagos–Asaba fare more than three times its...

Advertisement