• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria’s Petroleum Corporation Sacks 500 Staff, Less Than One Week After Commercialization

Nigeria’s Petroleum Corporation Sacks 500 Staff, Less Than One Week After Commercialization

4 years ago
US: Judge Blocks Trump’s Controversial Birthright Citizenship Order

Trump Extends Deadline For Iran To Make A Deal Or Face Severe Attacks

3 minutes ago
DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

34 minutes ago
IMF

IMF Calls For Caution As Nigeria Secures $6bn Infrastructure Loan

6 hours ago
Nigeria Overtakes Egypt To Become Second Largest Importer As Africa Leads In Solar Energy Growth

Nigeria Sees Solar Prices Spike As Power Crisis Deepens

6 hours ago
Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

24 hours ago
Sunday, April 5, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: Parliament Considers Bill To Create Vice President’s Office

    Military Leader Says Burkina Faso Must “Forget” Democracy

    Military Leader Says Burkina Faso Must “Forget” Democracy

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

  • Economy
    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Clears IMF Loan Before Due Date

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    UK: Thousands Of Jobs Under Threat As Starmer Mulls Scrapping NHS

    UK To Host 35-Nation Coalition Talks On Reopening Strait Of Hormuz

    UAE, US Join Bandwagon, Ban Flights From Southern Africa

    Airlines Enter Crisis Mode As Iran War Sends Jet Fuel Prices Soaring

    Upgrade Of Nigeria’s Airport Infrastructure No More Optional — WTO DG

    Upgrade Of Nigeria’s Airport Infrastructure No More Optional — WTO DG

    Ghana’s Inflation Rate Drops To 35.2% In October, Lowest In 14 Months

    Ghana: Inflation Drops To 3.2% 

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: Parliament Considers Bill To Create Vice President’s Office

    Military Leader Says Burkina Faso Must “Forget” Democracy

    Military Leader Says Burkina Faso Must “Forget” Democracy

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    CAR: President Touadéra Sworn-In For Third Term After Disputed Polls

    Norway Police File Charges Over Oil Bribery Involving Congo Republic President’s Family

    Congo: Constitutional Court Upholds Election Of 82-Year-Old N’Guesso For Fifth Term

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    South Africa Dropped From G7 Summit Invitation Amid US Pressure

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

  • Economy
    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Clears IMF Loan Before Due Date

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    UK: Mortgage Shock Looms As 1.8m Borrowers Face Sharp Repayment Surge In 2026

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    Kenya: Eight Million Kilograms Of Tea Trapped As Iran War Hits Export

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    First Oil Vessel Arrives Cuba Since Beginning Of 2026 Amid Energy Crisis

    UK: Thousands Of Jobs Under Threat As Starmer Mulls Scrapping NHS

    UK To Host 35-Nation Coalition Talks On Reopening Strait Of Hormuz

    UAE, US Join Bandwagon, Ban Flights From Southern Africa

    Airlines Enter Crisis Mode As Iran War Sends Jet Fuel Prices Soaring

    Upgrade Of Nigeria’s Airport Infrastructure No More Optional — WTO DG

    Upgrade Of Nigeria’s Airport Infrastructure No More Optional — WTO DG

    Ghana’s Inflation Rate Drops To 35.2% In October, Lowest In 14 Months

    Ghana: Inflation Drops To 3.2% 

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria’s Petroleum Corporation Sacks 500 Staff, Less Than One Week After Commercialization

July 25, 2022
in Economy, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

Barely a week after its unveiling as a commercial entity, the Nigerian National Petroleum Company Limited (NNPC) has sent emails to 500 staff, notifying them that their appointment have been terminated.

Relatedreading

Trump Extends Deadline For Iran To Make A Deal Or Face Severe Attacks

DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

Heritage Times HT had reported that NNPC Limited was officially unveiled last Tuesday in a lavish ceremony by President Muhammadu Buhari in the presence of top players in the oil and gas industry.

According to BusinessDay standard, those affected have already received a letter terminating their appointments.

Reports say the affected staff consist of the ones set to retire in 2022, 2023, and 2024.

Their termination letters as contained in the emails, is said to also include a ‘mouth-watering’ pay package which among other incentives, includes an offer to write off loans any of the affected staff is paying.

Aside from the juicy package 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.

This is even as some of the management staff of the corporation affected have kicked against it, especially some of the general managers and group general managers.

Group Managing Director of NNPC limited, Mele Kyari was said to told the affected staff at a recent town hall meeting that “you may accept the package or reject it, but you are advised to take it.”

Meanwhile, the affected officials have up till the first week of August to decide, after which the company may take actions deemed necessary to relieve them of their jobs and the severance package may elude those that refused to go.

The general managers and group general managers affected are said to be agitating that they want to attain the official age of 60 before exiting the public service.

 

Tags: breakingHeritageheritage timesheritagetimesmedialatestMele KyariMuhammadu BuharinewsNNPC Limitedthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

From Warri To Oregon: How Nigeria’s Tobi Amusan Became World Record Breaker

Next Post

Naira Sinks Further To N670 Per Dollar

Related Posts

US: Judge Blocks Trump’s Controversial Birthright Citizenship Order

Trump Extends Deadline For Iran To Make A Deal Or Face Severe Attacks

April 5, 2026
DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

DRC Agrees To Receive Deportees Under US Migrants Transfer Deal

April 5, 2026
IMF

IMF Calls For Caution As Nigeria Secures $6bn Infrastructure Loan

April 5, 2026

Nigeria Sees Solar Prices Spike As Power Crisis Deepens

Kenya: Top Energy Officials Resign As Probe Into Alleged Fraud Commences

Oil Price Surge: Senegal Slashes Govt Spending, Bans Non-Essential Foreign Trips

Next Post
Goldman

Naira Sinks Further To N670 Per Dollar

Please login to join discussion
  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

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