Exit plan for NNPC staff members raises anxiety, politicians…

An internal staff exit program at the Nigerian National Petroleum Company Limited, NNPCL, has raised anxiety among employees and attracted political scrutiny ahead of the 2027 elections.

The plan, introduced under the leadership of Group Chief Executive Officer Bashir Bayo Ojulari, includes an accelerated exit plan and a voluntary exit plan aimed at workers nearing retirement.

Management says the program is part of efforts to transform NNPC into a globally competitive energy company.

Employees across departments say the move has created uncertainty, and many fear it could lead to broader job cuts.

Concern has spread to NNPC Towers as workers await further details on the restructuring plan.

Industry analysts and labor watchers questioned the timing, citing rising inflation, unemployment and economic hardship.

They argue that job cuts in the current climate could affect public perception of President Bola Tinubu’s administration.

“There are already difficulties everywhere. This is not the kind of policy Nigerians expect from a government seeking public support. The prospects are dire,” an analyst in Abuja said.

Another stakeholder said the development could have political consequences.

“When workers are afraid and jobs are in danger, the public naturally blames the government. Some even question whether Ojulari fully understands the political implications of this decision,” the source said.

NNPC management maintains that the exit plans are voluntary and aimed at repositioning the company in terms of efficiency and competitiveness.

Despite the explanation, tension remains within the organization as staff members prepare for potential changes.

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