There are strong indications that many of the NNPC Limited top management staff are turning down offers from the Nigeria Independent oil companies offering them positions and incentives better than what they had with NNPC.
Sources said some of these staff from NNPC are rather seeking partnership with some offshore companies wiling to enter into Nigerian oil and gas industry.
According to sources some already existing Nigerian companies especially those that won the last bid for the marginal fields are willing to employ these NNPC staff offering them top positions and partnership.
Already NNPC Limited has given some Directors and General Mangers some mouth watering offers to put in their resignation letters or be thrown out any moment from now without notice.
Those affected are the top management staff having less than two years to retire. They are being offered 40 per cent of their estacode up fronts. Any loan from NNPC or debt owed will be waived. Then their pension will start running immediately.
Sources from the new NNPC said many Directors and General Managers are already considering the option of taking these offerings as refusal to accept may earn them sack without notice.
The Nigerian National Petroleum Company Limited (NNPCL) has reportedly offered a “tempting” package for workers willing to accept voluntary retirement.
A week ago, President Muhammadu Buhari unveiled the NNPC Limited, positioning it to operate as a profit-oriented company.
On the sidelines of the event, Mele Kyari, Group Chief Executive Officer (GCEO) of the company, had assured that none of the 7,000 workers would be sacked, emphasising that the Petroleum Industry Act (PIA) did not prescribe such a measure.
“We do not have a bloated workforce. Today, the company’s workers population is just 7,000. I believe with the expansion, we have a line of sight, we are going to hire more people to work for us,” Kyari had said.
“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.”
Reports said that NNPC Limited’s offer may affect as many as 500 employees, adding that many workers have received the email and accepted the offer.
The report added that it would affect employees who have been officially confirmed or are unable to carry out their functions effectively and those who set to retire between 2022 and 2024.
Apart from what has been described as a “juicy package”, the report said those who are affected are said to be entitled to 50 per cent payment of their salaries until the time they are naturally expected to exit the company.
However, it said some of the management staff of NNPC Limited affected — especially some of the general managers and group general managers — kicked against it.
Confirming the development, a top source at the NNPCL told TheCable that the offer was termed ‘willful’, and it was in accordance with global best practices for companies.
He added that the “Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) would have raised the flag” if the company was contravening the provisions of the PIA.
SOURCE: financialenergyreview.com