By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: NNPC Set to Sack 500 Staff
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | NNPC Set to Sack 500 Staff

News

NNPC Set to Sack 500 Staff

Tapre Timine
Tapre Timine
Published: June 14, 2025
Last updated: June 14, 2025
3 Min Read
Share
NNPC Set to Sack 500 Staff | Daily Report Nigeria
SHARE

Nigeria National Petroleum Company (NNPC) Limited, has hinted at letting go of about 500 staff due to its current status.

Those affected were given a deadline of the first week of August to leave with a payout package or remain employed with NNPC and risk getting the sack at any time.

This information was passed to the affected staff who are ordinarily billed to retire by 2022, 2023, and 2024 through their emails.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Some management staff members though have kicked against it, especially those in the cadre of general managers and group general managers.

According to sources, the group Managing Director and Chief Executive of the company, Mele Kyari said at a staff meeting recently that affected staff members “may accept the package or reject it, but you are advised to take it.”

Other members like the general managers and group general managers that are against retirement allegedly wanted to complete their official tenures, and retire when they attain 60 years of age.

Business Standard reports that Sources said no one would be forced out of the system if they fail to take the advantage of the severance package but they may have themselves to blame afterwards.

Meanwhile, 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.

Aside from the juicy offer 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.

Some agreed that the action of the company is not punitive and wishes they are part of the exercise which also has seen the company offering to also write off advances to any of the affected staff.

The Nigerian National Petroleum Corporation (NNPC) transitioned to a commercial venture, NNPC Limited, on Tuesday, 19 July 2022.

It is hoped the transition would bring with it a whole new set of operational efficiency and competency to NNPC.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:NNPCTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

FG Begins Phase 7 Mass Trials for Suspected Terrorists in Niger State | Daily Report Nigeria
FG Begins Phase 7 Mass Trials for Suspected Terrorists in Niger State
Metro
BREAKING: Tinubu Appoints Ola Olukoyede EFCC Chairman
EFCC Uncovers ‘Mind-Boggling’ Corruption in Nigeria’s Oil, Gas Sector
News
CBN Speaks on Plans to Revoke Licenses of Fidelity, Wema, Polaris, Unity Banks
Nigeria’s External Reserves Projected to Hit $41bn by December Amid Naira Gains
Business
Club World Cup: PSG Humble Madrid 4–0 to Book Final Clash With Chelsea | Daily Report Nigeria
Club World Cup: PSG Humble Madrid 4–0 to Book Final Clash With Chelsea
Sports
Nigeria’s Oil Rig Count Hits 46 in July 2025 – NUPRC | Daily Report Nigeria
Nigeria’s Oil Rig Count Hits 46 in July 2025 – NUPRC
Business

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

LGAs Must Be Autonomous, Generate Revenue ― Jonathan | Daily Report Nigeria
News

LGAs Must Be Autonomous, Generate Revenue ― Jonathan

June 14, 2025
Senate Vows to Probe Justice Tanko Despite Resignation
News

BREAKING: Senate Vows to Probe Justice Tanko Despite Resignation

June 15, 2025
2023: Burutu Council Chairman, Angele Declares For House of Reps | Daily Report Nigeria
Politics

2023: Burutu Council Chairman, Angele Declares For House of Reps

June 15, 2025
Linking Your Sim To Another Subscriber's NIN Might Earn You Jail Term - NCC | Daily Report Nigeria
News

Linking Your Sim To Another Subscriber’s NIN Might Earn You Jail Term – NCC

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?