About 91 managers, across six managerial levels of Deputy Manager to Executive Vice President at the Nigerian National Company Limited (NNPCL) have been showed the door in a major shakeup.
It was gathered that the Group Chief Executive of NNPC Limited, Mele Kyari, who was meant to have retired before being reappointed into the company by former President Muhammadu Buhari, had a battle with the Chief Upstream Investment Officer (CUIO), NNPC Upstream Investment Management Services (NUIMS), Bala Wunti, leading to Wunti’s redeployment instead of being shown exit door like others.
The levels affected are M6- Deputy Managers, M5 – Manager, M4 – General Manager, M3 Group General Manager, M2 – Executive Vice President (EVP).
About 63 of the people affected are men while 23 are women. Five of them are at the level of EVP, 11 are Group General Managers, 25 are General Managers and 36 are managers.
The former spokesman of the company, Muhammed GarbaDeen reportedly handed over to Iyabode Ayobami-Ojo, who is the most senior in the department.
It was also gathered that it was impossible to remove the head of NNPC E&P, who has allegedly been redeployed to Southwest region.
There are indications that the company would in the coming weeks shop for replacements for the positions.
The management staff, who were forced to retire according to an earlier statement from NNPC, have less than 15 months to statutory retirement.
“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 Executive Vice Presidents, other management staff with less than 15 months to statutory retirement will be exiting the company effective September 19, 2023.
“This is in line with our commitment to scale up NNPC Limited’s capabilities through targeted talent management and equal opportunity for all Nigerians,” NNPC Limited had said.
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