In a move aimed at bolstering its capabilities and fostering equal opportunities for all Nigerians, the Nigerian National Petroleum Company Limited (NNPC) has announced the compulsory retirement of management staff members with less than 15 months left until their statutory retirement.
The announcement, made via a statement issued on Monday, signifies a significant step in NNPC’s commitment to effective organizational renewal and aligning its workforce with the delivery of strategic business objectives.
The statement issued by the NNPC read“ In our bid to pursue effective organizational 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 (3) Executive Vice Presidents, other Management Staff with less than fifteen (15) months to statutory retirement will be exiting the Company effective 19th September 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.”