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NNPCL Sacks All Mgt Staff With Less Than 15 Months To Retirement

The Nigerian National Petroleum Company Limited (NNPCL) has sent all management staff with less than 15 months to statutory retirement on compulsory early retirement.

A statement signed by management of the oil company and posted on its X handle (formerly Twitter) early Tuesday morning stated that the early retirement takes immediate effect from Tuesday, September 19, 2023. 

It added that the decision became imperative in order to pursue effective organizational renewal to support the delivery of NNPCL’s strategic business objectives.

This is coming a few days after the oil company announced the removal and replacement of three of its executive vice presidents (EVPs). The Chief Corporate Communications Officer of NNPC Ltd, Garba Deen Muhammad in a statement on Saturday said the appointments are in line with NNPC Ltd.’s commitment and drive for organizational renewal.

According to the NNPCL, the developments within the company stand as a beacon of change, poised to reshape the energy landscape and drive the nation toward a more accountable and prosperous future.

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