The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday announced the mandatory retirement of all of its management workers with fewer than fifteen months till their statutory retirement.
The NNPCL stated in a statement on Tuesday that the employees who have less than fifteen (15) months until their mandatory retirement will leave the firm as of September 19, 2023.
According to the firm, this is an effort to continue with effective organisational renewal in support of the achievement of its strategic business goals.
The Statement 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 (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,”