BreakingTop StoryTrending Story

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

656

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.

Leave a comment

Related Articles

Just in: Kano Gov. Yusuf orders deposed Emir Ado Bayero’s arrest

The Governor of Kano State, Abba Kabir Yusuf, has ordered the arrest...

Breaking: Kano Emir Sanusi Lamido reinstated, letter presented to him at Government House

The reinstated Emir of Kano, Khalifa Muhammad Sanusi III, has arrived Government...

Just in: Court halts Sanusi’s reinstatement as Emir of Kano

A Federal High Court in Kano has granted an ex-parte order restraining...

Breaking: Kano Assembly repeals Emirates Council Law

After scaling its third reading, the Kano State House of Assembly passed...

Democracy: Pres.Tinubu advocates bolstering Africa’s regional economic communities

Daniel Okejeme In a bid to promote commerce and integration, advance democracy...

Just in: Tinubu appoints Shehu Mohammed as FRSC Corps Marshal 

Daniel Okejeme President Bola Tinubu has appointed Mr. Shehu Mohammed as the...

Israel-Gaza war: US threatens ICC over move to arrest Israeli PM Netanyahu

Following the International Criminal Court’s prosecutor’s request for arrest warrants for Israeli...

Again, CBN raises Monetary Policy Rate to 26.5%

The Central Bank of Nigeria (CBN) has again increased the Monetary Policy...

Breaking: Tragedy as Iran’s President Raisi, 8 others die in helicopter crash

All nine people on board of Iranian President Ebrahim Raisi’s helicopter which...

Breaking: Helicopter carrying Iran’s president crashes

A helicopter carrying Iranian President, 63-year-old Ebrahim Raisi, has reportedly suffered a...

FG appoints ex-Govs. Yuguda, Elechi, Shinkafi, Ngilari, APC’s lawyer, Olanipekun, others Chairmen of varsities’ governing councils

The Federal Government has announced the names of the Pro-Chancellors, Chairmen, and...

Fake News: No fire outbreak from our tank farm in Lagos—NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked a report...

Just in: Court denies Binance executive Tigran Gambaryan bail

A Federal High Court sitting in Abuja has denied the bail application...

No attempt to illegally use pension funds for infrastructure development – FG

Minister of Finance Wale Edun has refuted claims that the Federal Government...

FG opens student loan application portal May 24

The Federal Government has announced May 24, 2024, as the official date...

Just in: Tinubu, Senegalese President, in closed-door meeting at Aso Rock

President Bola Tinubu is in a closed-door meeting with the new Senegal...

Breaking: Pres. Tinubu inaugurates three milestone gas infrastructure projects in Delta, Imo States

President Bola Tinubu inaugurated three landmark projects on Wednesday, which include the...

Pres.Tinubu set to inaugurate Kwale Gas Processing Plant (GPP-1)

President Bola Tinubu is set to inaugurate the three critical gas infrastructure...

Gov. Fubara opens can of worms, says Wike’s projects debts gargantuan, killing

Rivers Gov. Siminalayi Fubara has opened up on the colossal debts handed...

FG plans performance-based salary scheme for its workforce

A new performance-related pay system for employees in the federal civil service...