NNPC To Sack All Top Management Staff with Less Than 15 Months to Retirement

The Nigerian National Petroleum Company Limited (NNPC) is preparing to dismiss senior management personnel who have less than 15 months left until retirement from the national oil corporation.

This decision comes shortly after the company announced the removal and replacement of three of its Executive Vice Presidents (EVPs).

The affected individuals in the previous reorganization included Abdulkabir Ahmed, who previously oversaw gas, power, and new energy; Adokiye Tombomieye, who led the upstream segment; and Adeyemi Adetunji, who was responsible for the downstream division.

They have been succeeded by Olalekan Ogunleye as EVP for gas, power, and new energies; Oritsemeyiwa Eyesan, who now oversees the company's upstream operations; and Adedapo Segun, the new head of the downstream division.

In a concise statement released on Tuesday morning, NNPC explained that this latest reshuffle aligns with its goal to revitalize its workforce.

The statement read, "As part of our efforts to achieve effective organizational renewal in support of our strategic business objectives, it has become necessary to invigorate our workforce. Consequently, in addition to the recent departure of three executive vice presidents, other management personnel with less than 15 months until their mandatory retirement will be leaving the company effective September 19, 2023."

NNPC emphasized that this action is consistent with its commitment to enhance its capabilities through targeted talent management and providing equal opportunities for all Nigerians.


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