Nigerian Canadian Newspaper Canada
For advert, please contact
publisher@nigeriancanadiannews.ca
1 (416) 318-3506
  • Home
  • World News
    • Africa
      • Nigeria
        • #EndSARS
        • #NigeriaDecides2019
        • Nigerian News
      • Ghana
    • North America
      • USA
      • Canadian News
    • Europe
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
    • Canada Health
  • Lifestyle
    • Relationships
    • Technology
    • Religion
    • Sports
    • Beauty/Fashion
    • Family
    • Entertainment
    • Career
    • Food/Drinks
    • Home & Property
    • Social Phychology
  • Community
    • Churches
    • Events
    • Obituaries
    • Contact us
    • Archives
No Result
View All Result
  • Home
  • World News
    • Africa
      • Nigeria
        • #EndSARS
        • #NigeriaDecides2019
        • Nigerian News
      • Ghana
    • North America
      • USA
      • Canadian News
    • Europe
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
    • Canada Health
  • Lifestyle
    • Relationships
    • Technology
    • Religion
    • Sports
    • Beauty/Fashion
    • Family
    • Entertainment
    • Career
    • Food/Drinks
    • Home & Property
    • Social Phychology
  • Community
    • Churches
    • Events
    • Obituaries
    • Contact us
    • Archives
No Result
View All Result
Nigerian Canadian Newspaper Canada
No Result
View All Result
Home Business & Investment

NNPC to lay off 500 workers

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
July 26, 2022
in Business & Investment, Nigerian News
0 0
0

Following the commercialization of Nigeria National Petroleum Company (NNPC) Limited, about 500 staff have been earmarked for sack.

The affected staff have until the first week of August to take a pay-out package and leave the company before the proper lay off or continue to be employed with the company and risk getting sacked at any time.

According to information, the message was sent to the affected staff who are ordinarily due to retire by 2022, 2023 and 2024 through their emails.

This decision did not go well with some of the management staff members who kicked against it, especially the top management staff like General Managers and Group General Managers.

The Group Managing Director and Chief Executive of NNPC, Mele Kyari was alleged to have said during a recent staff town meeting that “you may accept the package or reject it, but you are advised to take it.”

The General Managers and Group General Managers that kicked against the retirement allegedly wanted to finish their official tenures and retire at the age of 60.

Business standard reports have it that sources said no staff would be forced out of the system if they don’t take the advantage of the severance package but they might have themselves to blame later.

A portal has been opened online with boxes to tick, one for acceptance of the severance package and the other for the rejection of the letter, whichever way any of the affected staff choose, by the first week of August, the portal would shut down.

Apart from the juicy package for the affected staff, they would be entitled to 50 percent of their salaries till the time they are naturally expected to complete their tenure in the company. Also, the company is offering to write off advances to any of the affected staff.

SUPPORT NIGERIAN CANADIAN NEWS

If you like our work and want to keep enjoying what we offer, kindly support us by donating to the Nigerian Canadian News through the button below.

Share your thoughts in the comments section below

Post Views: 395
Tags: NNPC
ShareSendShareSend
Nigerian Canadian Newspaper Canada

Nigerian Canadian Newspaper Canada

Related Posts

Dangote Refinery begins operations
Nigerian News

Dangote Refinery Reduces Petrol Gantry Price to N825 Per Litre

May 12, 2025
Nigerians sign petition for Simon Ekpa’s arrest over sit-at-home directive
Nigerian News

Nigerian Government Has Not Begun Extradition of Simon Ekpa – AGF Fagbemi Clarifies

May 10, 2025
Access Bank CEO Herbert Wigwe Killed in Helicopter Crash
Aviation

Pilot Disorientation and Company Negligence Blamed for Helicopter Crash That Killed Herbert Wigwe – NTSB Report

May 7, 2025
Next Post
Two Nigerians murdered in Canada’s nightclub shooting

Police Issue Statement As Attackers Kill Two Nigerian Men At Nightclub In Canada

2022 Headies: Organisers disqualify Portable over unpleasant comments

2022 Headies: Organisers disqualify Portable over unpleasant comments

Pinnick: Nigeria seeking to co-host 2025 AFCON with Benin Republic

Pinnick: Nigeria seeking to co-host 2025 AFCON with Benin Republic

May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    

Health

Lifestyle

Community

Sports

Worldwide

Contact Us

Quick Link

  • Home
  • Advertise
  • Careers
  • Monthly Edition
  • Home & Property
  • World News

Recent News

  • U.S. and China Agree to 90-Day Trade Truce, Roll Back Major Tariffs May 12, 2025
  • “Afrobeats Is Not Your Creation” — ID Cabasa Refutes Akon’s Claims May 12, 2025
  • Mass Failure: Thousands of UTME Candidates Plan Legal Action Against JAMB Over 2025 Results May 12, 2025

© 2025 Nigerian Canadian Newspaper Canada. Powered by NASCI.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Cleantalk Pixel
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • World
    • Africa
      • Nigeria
    • North America
      • Canadian News
      • USA
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
  • Lifestyle
    • Religion
    • Technology
    • Sports
    • Beauty/Fashion
    • Relationships
    • Food/Drinks
    • Home & Property
  • Community
    • Events
    • Churches
    • Obituaries