NNPC Sacks 300 Management Staff

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Toba Owojaiye reporting

NNPC Limited, the Nigerian National Petroleum Corporation, has announced shocking organizational changes that will see the departure of over 300 management staff.

This significant restructuring, unveiled in a statement on Tuesday, is set to take effect on September 19, 2023.

One of the major changes highlighted in the statement is the impending exit of employees with less than fifteen months left until statutory retirement.

This move is seen as part of NNPC Limited’s strategy to rejuvenate its workforce and support the achievement of its strategic business objectives.

Notably, the recent departure of three Executive Vice Presidents signals a broader restructuring of the company’s leadership and workforce.

A critical aspect of this announcement is NNPC Limited’s commitment to enhancing its capabilities through targeted talent management and promoting equal opportunities for all Nigerians.

However, information from an anonymous source, suggests that these organizational changes will impact more than 300 staff members.

As these changes unfold, it remains to be seen how NNPC Limited will manage the transition and the consequences it will have on both the company’s operations and the employees affected by these adjustments.

This move has left a mixed trail of social media reactions. Most seeing it as a cover up or escape route from probe. While others even question if the PIA act empowers the NNPC to have executive vice presidents.

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