Connect with us

BUSINESS

PENGASSAN Kicks As Chevron Moves To Cut Down 25% Of Its Workforce In Nigeria

Published

on

PENGASSAN





Chevron Nigeria Limited (CNL) says it will downsize its workforce in Nigeria by 25 per cent across various levels in the oil firm, a development frowned at by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

The oil firm said the development followed the evolving negative operational environment in the energy sector.

Workers of the oil firm under the auspices of the PENGASSAN on Friday in Lagos protested the looming sack of 600 employees.

Advertisement

Esimaje Brikinn, CNL’s General Manager Policy, Government and Public Affairs, in a response statement, on Friday, noted that the 25 per cent job cut was to reposition the oil firm for greater efficiency and competitiveness.

Workers’ Sack: NUPENG, PENGASSAN Direct Members To Down Tools In All Chevron Facilities

The statement was, however, silent on the exact number of workers to be affected by the job cut, but said that 25 per cent of its workers will be sacked.

“CNL and its affiliates, confirms that it is reviewing its manpower requirements in the light of the changing business environment, while continuing to evaluate opportunities to improve capital efficiency and reduce operating costs.

Advertisement

“In this process, the company will be streamlining its workforce and improving service delivery and overall performance at all levels.

“This will increase efficiency and effectiveness, retain value, reduce cost, and generate more revenue for the Federal Government of Nigeria.

“It is important to note that all our employees will retain their employment until the reorganisation process is completed,” he noted.

Advertisement

“Wrongful” Dismissed Staff Of France Oil Giant, Total Petitions Buhari, Says I am Being Victimized Because I’m A Woman

“CNL supports the Federal Government in its objectives and efforts to build a prosperous Nigeria. In the area of employment generation, the company has several social investments which are helping to provide employment for thousands of Nigerians,” the statement read in part.

He dismissed speculations that the exercise was to outsource jobs done by Nigerians to foreigners, adding that there are no plans to migrate Nigerian jobs outside the country.

He explains ”we have prospects for our company in Nigeria; however, we must make the necessary adjustments in light of the prevailing business climate; and we need everyone’s support to get through these tough times stronger, more efficient and more profitable, in order to sustain the business”.

Advertisement

He further stated that CNL is in alignment with both its Joint Venture partners, the NNPC, and the Department of Petroleum Resources (DPR) on the process.

“We are actively engaging our workforce to ensure they understand why this is being done. We will continue to consistently engage all relevant stakeholders, including the leadership of the employee unions as we continue this process of business optimisation.

“At CNL, the welfare and safety of our workforce is one of our highest priorities.

Advertisement

“Making changes to the organisation is never easy for anyone that will be impacted, but it is necessary to improve our ability to remain competitive in Nigeria.

“Reducing the cost and improving the efficiency of our operations is critical to generating more revenues for the Federal Government of Nigeria,” Esimaje said. 

(Freedom Online)

Advertisement
FEATURED1 hour ago

Delta North APC Sets Up ‘Leadership Council’, Passes Vote of Confidence on Tinubu, Oborevwori, Nwoko

FEATURED9 hours ago

Tompolo Endorses Tinubu 2027 Re-election Bid As PBAT Door-To-Door Movement Meets In Abuja

COMMUNITY REPORT1 day ago

Ugo Anioma Movement Inaugurated, Endorses Sen. Nwoko, Supports Anioma State Creation

IDU Youth Wing
COMMUNITY REPORT1 day ago

Delta: Isoko South, North Council’s Chairmen Ban Activities of Two Factional Executives of IDU Youth Wing

FEATURED2 days ago

Tinubu Grants Pardon To Saro-Wiwa, Other Ogoni Martyrs, Confers Posthumous Awards

FEATURED3 days ago

‘Our Democracy is a Product of Sacrifices’, Says Elumelu, Hails Leaders, Urges Nigerians To Have Faith

NEWS3 days ago

2027: APC Bigwigs Pass Vote of Confidence on Sen. Nwoko as Lawmaker Deepens Grassroots Ties in Aniocha North

social media
FEATURED3 days ago

Why Public Hearing on Anioma State Creation is Holding in Akwa-Ibom – Sen. Ned Nwoko

COMMUNITY REPORT3 days ago

Urgent! Itsekiri Riverine Communities Threatened by Coercion, Arson – Eyengho Alleges, Call on Tinubu to Act Now

FEATURED4 days ago

Delta Assembly ex-Deputy Clerk Scores Sen. Nwoko High as Standout Legislator in Delta

FEATURED4 days ago

2027: Delta North APC Ward Chairmen Throw Weight Behind Sen. Nwoko’s Reelection Bid, Pass Vote of Confidence on Him

FEATURED4 days ago

N360m Fraud: ‘This Man Will Stay in Prison for 74 Years for Stealing, Issuance of Dud Cheques’ – Lagos Court Rules

FEATURED4 days ago

Delta Central Schools Receive Technological Boost as Sen. Dafinone Launches ICT Centres

COMMUNITY REPORT5 days ago

Gov Oborevwori’s Kinsmen Cry for Help

COMMUNITY REPORT6 days ago

Sen. Nwoko Unveils Technical C’ttee on Anioma State Creation As Asagba of Asaba Affirms Support

Advertisement
Advertisement