- By Halimah Olamide
The Nigerian National Petroleum Company Limited, on Tuesday announced the retirement of all its management staff who have less than 15 months to their retirement.
The company disclosed this via its official X (formerly Twitter) handle, as it said, “In our bid to pursue effective organisational 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 Executive Vice Presidents, other management staff with less than 15 months to statutory retirement will be exiting the company effective September 19, 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.”
The company explained the move was to reposition the organisation towards its new business orientations.
The oil firm had earlier announced the appointments of three new Executive Vice Presidents as part of the ongoing shake-up in the multi-billion dollar national company.
It named Oritsemeyiwa Eyesan as the new Executive Vice President, of Upstream; Olalekan Ogunleye, Executive Vice President, of Gas, Power, and New Energy; and Adedapo Segun as Executive Vice President, of Downstream.
The announcement, which was posted on the company’s X (formerly Twitter) handle early Sunday, stated that the appointment of the new EVPs was with immediate effect.
“In line with NNPC Ltd.’s commitment and drive for organisational renewal, anchored on our business imperatives, standards of excellence, people development, and strengthening our competencies and capabilities through broad-based leadership exposures, the company wishes to announce the following executive appointments with immediate effect,” the firm stated, before outlining the earlier stated names/designations.
With this, three former Executive Vice Presidents, including Abdulkabir Ahmed, Gas, Power and New Energies; Adokiye Tombomieye, Upstream; and Adeyemi Adetunji, Downstream were retired.