Wave of retirement at NNPCL claims more management staff– PSN check 

The gale of retirement has continued to sweeping the Nigerian National Petroleum Company Limited with the latest being some management staff, who have less than 15 months ask to go.

The top management staff being retired compulsorily, will be exiting the company effective Tuesday, September 19, 2023.

All officers of M6-M3 with fifteen months or less to their retirement have been asked to go with effect from 19th September.

Persecondnews on September 17 reported that three Executive Vice-Presidents of the company, who are due for retirement in 2024 were retired.

The Executive Vice-Presidents are Abdulkabir Ahmed (Gas, Power and New Energies), Engr. Adokiye Tombomieye (Upstream) and Adeyemi Adetunji (Downstream).

The following have been named as replacements — Olalekan Ogunleye (EVP Gas, Power and New Energies), who takes over from Ahmed who had served the company in various capacity before the retirement.

Oritsemeyiwa Eyesan, who until his new appointment was the Chief Strategy and Sustainability Officer, is now in charge of Upstream while Adedapo Segun is the Executive Vice-President, downstream.

Sources close to NNPCL said the wave of sack particularly those in the management cadre is in line with its pursuit of what they called effective organizational renewal to support the delivery of its strategic business objectives.

“These strategic business objectives have made it imperative for the company to rejuvenate its workforce

“It also to scale up the company’s capabilities through targeted talent management and equal opportunity for all Nigerians ” the source said.

The new appointments will also enable the NNPCL to establish continuity of leadership in critical businesses; uplift younger people to positions of authority.

Inclusion of women into business leadership and shrink the organization to nimble size and effectiveness also informed the retirement.