NNPC Offers Exit Package to 500 Staff Willing to Leave Before Retirement Date

NNPC Offers Exit Package to 500 Staff Willing to Leave Before Retirement Date

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The Nigerian National Petroleum Company Limited (NNPCL) has offered workers willing to exit the firm before their due retirement a “tempting” package to facilitate their leaving the company.

Aside from the “tempting” package for those affected, they would also be entitled to 50 percent of their salaries until the time they are naturally expected to serve out their tenure in the company.

It was gathered that as many as 500 employees may be affected by the initiative, with many workers having already accepted the offer.
Contrary to rumors’ that the workers were up for termination of contracts, it was learnt that many of the employees have now received emails offering them a chance to have a dignified exit.

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Among those who will be most impacted, are those who have been officially confirmed infirm or unable to carry out their functions effectively.

According to Business Standard, a portal is said to have been opened online with points to click, one for acceptance of the severance exercise and the other for the rejection of the letter, whichever way any of the affected officials choose, by the first week of August, the portal would be closed.

The NNPC limited was officially unveiled by President Muhammadu Buhari last Tuesday and is now expected to operate like every profit-oriented company.
On the sidelines of the event, the Group Chief Executive Officer of the company, Mallam Mele Kyari, had assured that none of the 7,000 workers will be sacked, stating that the Petroleum Industry Act (PIA) did not even prescribe such a measure.
“We do not have a bloated workforce. Today, the company’s workers population is just 7000. I believe with the expansion we have a line of sight, we are going to hire more people to work for us.

“The law has also provided that no one is going to leave this company. Everybody’s work is preserved. Their benefits are preserved. So, no matter for concern for the workers of this company.

“What being slimmer and smarter means is that we will change our organizational structure and orientation. We cannot do what we are doing today and expect to get a different result,” he stated.
Nobody in the company was willing to confirm or refute the report, but a top source said that it was not a sack , but an official offer.

“It’s not a sack. It’s an open offer for those that want to exit to go with a tempting package. Many of them have accepted it, especially those who may have issues performing their duties, including the sick,” an NNPCL source said.

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