NNPC Retires 1000 Workers

1. 

   JulesWell-Known MemberNews Hub Team

   The Nigeria National Petroleum Corporation (NNPC) is set to retire 1,000 workers.
   
   
   
   Over 1000 workers of the Nigeria National Petroleum Corporation (NNPC) will leave service any moment from now, Daily Trust has learnt. More than 200 of them are middle level officers that are caught up in the ongoing restructuring that has seen the exit of top management staff and nine heads of the corporation’s subsidiaries.
   
   About 800 others are those that will attain the mandatory retirement age of 60 years or 35 years in service in the next one and a half years. The new NNPC boss, Dr. Ibe Kachikwu has said all staff retiring by 31st December 2016 should go now as a result of the downsizing, a source said.
   
   The source said those to be affected are from the subsidiaries, especially pioneer workers of the refineries.
   As at January this year, the Corporation has about 9,500 workers in its services. The New Group Managing Director announced the disengagement of 38 management staff last week and said the on-going retirement of the Corporation workers will go down to the lower cadre.
   
   ‘It’s A to zero restructuring. I’ve done the first three layers which is going from the Group Executive Directors to Group General Managers and General Managers. You’re going to have a lot more now. The NNPC isn’t public service. It’s a corporation and we run like a company generating money for the people of Nigeria. So, the whole concept of anything goes should stop,” he had said.