The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Featured

JUST IN: Restructuring: NNPC Ltd Retires Management Staff

The Next Edition by The Next Edition
September 19, 2023
in Featured
JUST IN: Restructuring: NNPC Ltd Retires Management Staff
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its Management Staff with less than 15 months to statutory retirement will be exiting the company effective Sept. 19, 2023.

The company made this known on Tuesday on its official X handle formerly known as Twitter.

You might also like

Rufai’s Death Deeply Painful — NSC

Give Equal Attention To PDWs In Election Reportage, Media Rights Agenda Urges journalists

Constitution Amendment: South-East Demands Rotational Presidency, Reserved Legislative Seats For Women

According to the NNPC Ltd., the move is in a bid to pursue effective organisational renewal to support the delivery of its strategic business objectives, as it has become imperative to rejuvenate its workforce.

The statement posted on the company’s X page reads “Consequently, in addition to the recent exit of three Executive Vice Presidents, other management staff with less than fifteen (15) months to statutory retirement will be exiting the company effective Sept. 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,” it said.

READ ALSO: Gov Obaseki Bars His Deputy, Shaibu From Govt House

It would be recalled that NNPC Ltd. had on Sunday announced the appointments of three new Executive Vice Presidents, as well as outlined their various designations.

They are Oritsemeyiwa Eyesan, who is now the new Executive Vice President, Upstream; Olalekan Ogunleye, takes over as Executive Vice President, Gas, Power, and New Energy; and Adedapo Segun, Executive Vice President, Downstream.

The announcement of the appointments of the three Executive Vice Presidents, which was posted on the company’s X (formerly Twitter) handle early on Sunday, stated that their appointments were with immediate effect.

This development led to the compulsory retirement of the company’s three former Executive Vice Presidents, including Abdulkabir Ahmed, Gas, Power and New Energies; Adokiye Tombomieye, Upstream; and Adeyemi Adetunji, Downstream.

The News Agency of Nigeria (NAN) reports that the national oil company, formerly known as Nigerian National Petroleum Corporation, transited fully into a commercial entity in July 2022 to become the Nigerian National Petroleum Company Limited.

The official transitioning into a private entity means that the oil company is now being regulated in line with the provisions of the Companies and Allied Matters Act. (NAN)

Tags: KyariManagementNNPCstaff
The Next Edition

The Next Edition

Recommended For You

Tributes As Eagles Legend Rufai Dies At 61

Rufai’s Death Deeply Painful — NSC

    The National Sports Commission (NSC) has described as ‘deeply painful’ the passing of legendary Super Eagles goalkeeper and 1994 Africa Cup of Nations (AFCON) champion, Peter...

Civil Servants With Disabilities Appeal For Special Allowance

Give Equal Attention To PDWs In Election Reportage, Media Rights Agenda Urges journalists

  The Chief Executive Officer of Media Rights Agenda, Mr Edetaen Ojo, has urged media practitioners to give equal attention to persons with disabilities (PWDs) in media reportage...

S/East Group Seeks IPAC’s Support For 2023 Presidential Slot

Constitution Amendment: South-East Demands Rotational Presidency, Reserved Legislative Seats For Women

The people of the South-East have demanded for a constitution that allows rotation of presidency and grant full autonomy to Local Government in the country. They made the...

Senator Natasha Akpoti’s Macabre Dance in Brekete Family Radio

Court Convicts Natasha of Contempt, Fines Her N5m

  A Federal High Court in Abuja on Friday, found the suspended lawmaker representing Kogi Central, Senator Natasha Akpoti-Uduaghan, guilty of contempt of court. Justice Binta Nyako, in...

Next Post
UN Women Calls For Increased Involvement In Gender Equality

UN Women Calls For Increased Involvement In Gender Equality




Related News

Falana begs Buhari for birthday gift at 60

Falana begs Buhari for birthday gift at 60

INEC Blames Election Postponement On Sabotage

INEC Blames Election Postponement On Sabotage

AAU ASUU Chairman Raises Alarm Over Alleged Threat To Life

AAU ASUU Chairman Raises Alarm Over Alleged Threat To Life




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited