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UPDATE: NNPC Sacks Top Management Staff, Reveals Reason

All managerial employees with fewer than fifteen months until their statutory retirement have been fired, according to the Nigeria National Petroleum Company Limited (NNPCL).

All impacted management members in that group will leave the firm today, September 19, 2023, according to a statement issued to that effect by the NNPC.

The decision is in accordance with organisational business objectives and commitment to expand up NNPC Ltd.’s capabilities through focused talent management and equal opportunity for all Nigerians, according to the statement, which was posted late on Monday via the company’s official account on X platform.

No Plan To Increase Petroleum Pump Prices – NNPCL

The full statement reads: “In our bid to pursue effective organizational 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 (3) Executive Vice Presidents, other Management Staff with less than fifteen (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.”


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