Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the “NNPC/CNL JV”) together with its affiliates, says it has commenced a review of “its manpower requirements in the light of the changing business environment.”
To this end, the exercise would see the oil giant downsizing 25 per cent of its workforce across the various levels of the organization, it was revealed.
CNL’s General Manager Policy, Government and Public Affairs, Mr Esimaje Brikinn, made the clarification in a statement on Friday.
Brikinn spoke following an allegation by the Petroleum and Natural Gas Senior Staff Association of Nigeria that CNL planned to relocate jobs outside the country.
He said, however, that the company was reviewing its manpower requirements in the light of the changing business environment.
According to him, the new organisational structure will require approximately 25 per cent reduction in the workforce across the various levels of its organisation.
“The aim is to have a business that is competitive and have an appropriately sized organisation with improved processes.
“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.
”We have prospects for our company in Nigeria; however, we must make the necessary adjustments in light of the prevailing business climate.
“We need everyone’s support to get through these tough times stronger, more efficient and more profitable, in order to sustain the business, ” he said.
The manager also said that CNL was in alignment with both its Joint Venture partners, including NNPC, and the Department of Petroleum Resources (DPR) on the process.
He said: “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.”