NNPCL compulsorily retires workers with 15 months to retirement
The Nigerian National Petroleum Company Limited—NNPCL, has mandatorily retired all management staff with less than 15 months to statutory retirement.
The company in a statement on Tuesday announced that the retirement of the affected employees was with immediate effect, adding that the move would support its business objectives.
The statement which was posted on the official X handle of the company reads, “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.”