BreakingTop StoryTrending Story

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

603

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

Binance’s false bribery claim diversionary, says Information Minister

The Federal Government says it is aware of attempts by Binance to...

Breaking: Presidential aircraft’s technical fault forces VP Shettima to abort U.S. trip – spokesman 

A technical fault in the presidential aircraft forced Vice President Kashim Shettima...

Just In: FG not considering US-France military base in Nigeria, it’s false – Information Minister

The Federal Government has urged Nigerians to disregard the misinformation that the...

Nigerian woman, Prof. Rose-Margaret Ekeng-Itua, emerges world’s first black woman Ph.D. holder in Cybernetics

Prof. Rose-Margaret Ekeng-Itua, who dreamed about creating programs and technologies that will...

FG Unbundles Transmission Company of Nigeria

The Federal Government has announced the unbundling of the Transition Company of...

Nursing mother, her three-month-old baby, six others roasted in a Delta petrol tanker fire

In a desperate attempt to save her trapped three-month-old baby, a nursing...

Tinubu’s policies have salvaged Nigeria’s economy, money market, says VP Shettima

Vice President Kashim Shettima has said that President Bola Tinubu’s policies have...

Workers’ Day: Pres. Tinubu lauds workers’ fidelity to nation’s peace, development

President Bola Tinubu has praised Nigerian workers for their fidelity to the...

May Day: FG approves salary increase for civil servants

Ahead of Workers Day on May 1, the Federal Government has approved...

Zenith Bank shareholders approve bank’s restructuring to holding company

“The Founder and Chairman of Zenith Bank Plc, Jim Ovia, expressed his...

Pres. Tinubu meets Maersk Chairman, secures $600m investment in Nigerian Seaport Infrastructure

Tinubu meets Maersk Chairman, secures $600m investment in Nigerian Seaport Infrastructure President...

Fuel subsidy removal in Nigeria’s best interest, to reset economy –Pres. Tinubu in Riyadh

President Bola Tinubu has once again justified his administration’s decision to remove...

VP Shettima lauds Gov. Abiodun’s administration’s development drive

….. attendees include former President Olusegun Obasanjo, Attorney-General of the Federation and...

Breaking: Abeokuta gas tanker explosion claims four lives, ignites six vehicles

A gas tanker explosion in the Ita-Oshin area of Abeokuta, the Ogun...

Port Harcourt petrol tanker fire: Bereaved families to get govt. succour – Gov. Fubara

With about 70 automobiles consumed and five fatalities recorded in a petrol...

Jim Ovia is FG’s Nigerian Education Loan Fund’s board chair

President Bola Tinubu has approved the appointment of Mr. Jim Ovia, a...

Tinubu to Dutch PM: Nigeria’s lithium deposits can power world’s clean energy future

President Bola Tinubu says Nigeria’s high-grade lithium deposits are a catalyst for...

Breaking: Fire at Lagos airport, flights diverted

An early Thursday morning fire has been reported at the E54 Bridge...

Rainstorm damages Niger prison as 118 inmates escape

No fewer than 118 inmates of the Medium Security Custodial Centre in...

Bello withdrew $720,000 from state account for his children’s school fees – EFCC Chair Olukoyede

Ex-governor of Kogi State, Mr. Yahaya Bello, withdrew $720,000 from the state...