The Nigerian National Petroleum Company Limited has compulsorily retired all management staff with less than 15 months to statutory retirement.

NNPCL announced this via its verified Twitter handle on Tuesday morning, explaining that the retirement of the affected workers was with immediate effect.

It said: “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 Ltd.’s capabilities through targeted talent management and equal opportunity for all Nigerians.”