- Over 80 manager-level employees of the NNPC have reportedly lost their jobs
- About 20 workers were affected at the Kaduna Refining & Petrochemical Company
- The affected personnel lost their jobs because they recently failed promotion exams
Emerging reports have claimed that the Nigerian National Petroleum Corporation (NNPC) has laid off no fewer than 80 manager-level employees and started issuing letters to the affected workers.
Daily Trust reports that over 20 workers were affected at the Kaduna Refining & Petrochemical Company (KRPC).
The reports further claimed that spokesman for the corporation, Ndu Ughamadu, disclosed that the affected personnel lost their jobs because they failed promotion exams conducted for them recently.
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Ughamadu said all entitlements due to the affected workers will be paid to them. He said: “There was a promotion exercise and those who didn’t do well, I don’t have the figure now, were asked to exit.
“Corporate policy is corporate policy and management decision is management decision. It was a comprehensive exercise that was carried out and those who didn’t absolutely do well (were asked to quit). Management met on it and decided that number should go.”
A source with knowledge of the matter said: “Those who failed can’t be promoted because if they are, other low and middle level employees would not rise. We want progression and not stagnation,” the source said.
“But it has gone down (N82 billion as at July) because of what we are doing to reduce the cost of running this place.”
“Most people are retiring and we are not replacing them. Before the end of this year a lot of people will be retired. Next year will be worse. A lot of people will clear out of this place.”
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On his part, the NNPC group managing director, Maikanti Baru has said that corporation would deploy cutting-edge technology to enhance its operations and maximize value across its businesses value-chain.
Baru disclosed this while speaking at a Global Business Leaders Panel Session on the sidelines of the 21st Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), held in Abu Dhabi, United Arab Emirates.
Meanwhile, Legit.ng had reported that the NNPC in its custody $3.5bn subsidy fund said there is no such fund in its custody.
This was contained in a statement on Tuesday, October 30, by the NNPC group general manager, Group Public Affairs Division, Ndu Ughamadu.
According to Ughamadu, at the hit of the shortage of products supply at the close of 2017, the National Assembly asked the NNPC to do everything possible to stem the hiccups.
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