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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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NNPCL Retires Over 70 Management Staffs

. NNPC's Headquarters


By Favour & Akinola Ajibade

The Nigerian National Petroleum Company Limited ( NNPCL) yesterday, sent over 70 management staffs on voluntary retirement.

Also affected by the recent changes in NNPCL was its Chief Corporate Communication Officer, Garba Dean Muhammed on voluntary retirement, who was asked to hand over to its immediate subordinate in the organisation.

NewsMirror findings revealed that the management staff starts from the rank of Deputy Manager among others senior officials, are affected in the recent changes in the company..

According to NNPCL, this retirement is different from what happened about two years ago when retirement was voluntary. The firm further said that the retirement is compulsory once the affected workers have less than 15 months to go. 

The affected staff, NNPCL said are unfortunately not pensionable, adding that only those have spent 10 years and above are  qualified for pension.

Prior to this period, NNPCL has sent packing some of its management staff with less than 15 months to statutory retirement to quit today.

Subsequently, the organisation promoted three of its  personnel to the position of vice Presidents.

It made this known on Tuesday through its  official X handle formerly known as Twitter.

This development, the firm said, is in a bid to pursue effective organisational renewal to support the delivery of its strategic business objectives, as it has become imperative to rejuvenate its workforce.

“Consequently, in addition to the recent exit of three Executive Vice Presidents, other management staff with less than fifteen (15) months to statutory retirement will be exiting the company effective Sept. 19, 2023. 

“This is in line with our commitment to scale up NNPCL’s capabilities through targeted talent management and equal opportunity for all Nigerians,” the post reads.

Recall that NNPCL on Sunday announced the appointments of three new Executive Vice Presidents, as well as outlined their various designations.

They are Oritsemeyiwa Eyesan, who is now the new Executive Vice President, Upstream; Olalekan Ogunleye, takes over as Executive Vice President, Gas, Power, and New Energy; and Adedapo Segun, Executive Vice President, Downstream.

The announcement of the three Executive Vice Presidents, which was posted on the company’s X (formerly Twitter) handle early on Sunday, stated that their appointments were with immediate effect.

This development led to the compulsory retirement of the company’s three former Executive Vice Presidents, including Abdulkabir Ahmed, Gas, Power and New Energies; Adokiye Tombomieye, Upstream; and Adeyemi Adetunji, Downstream.

The national oil company, formerly known as Nigerian National Petroleum Corporation, transited fully into a commercial entity in July 2022 to become the Nigerian National Petroleum Company Limited.



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