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ExxonMobil fires additional 89 workers

Chidi Roberts by Chidi Roberts
February 21, 2017
in Business, News
0
NGX market capitalisation loses N39bn, as Mobil Oil delists

U.S. oil major ExxonMobil has laid off additional 89 workers in a gale of retrenchments that started in the company last year.
A top source in the company made the disclosure at Mkpanak, Ibeno Local Government Area of Akwa Ibom State on Tuesday.
The source revealed that 60 regular workers and 29 contract workers were affected in the latest retrenchment, involving mainly workers at the company’s Qua Iboe Terminal.
According to the source, who pleaded anonymity because he is not authorised to speak on the issue, more workers may be shown the exit door in the next two months, due to cut in production and other issues.
The source said the retrenched workers had been paid their terminal benefits running into millions of naira.
“The amount paid is commensurate with the number of years put in by each of the affected workers.
“The department mostly affected include public affairs, general services and logistics,’’ the source added.
One of the retrenched workers, Mr Nsikak Ekwere, said that he still had eight more years to work with the company but was surprised to see his name among the retrenched workers.
He blamed the retrenchment on the current economic situation in Nigeria, saying that he would make good use of his terminal benefits to create employment for himself.
No fewer than 250 workers of the company were laid off between January and November last year.
On December 15 last year, the company’s Lagos office was shut down, following a tense standoff between workers and the company’s management over retrenchment issues.
Oil companies in Nigeria have resorted to laying-off workers since Nigeria entered a crippling recession that has dealt a severe blow to the economy of Africa’s top oil producer.
The Manager, Media and Communications of ExxonMobil, Mr Ogechukwu Udeagha, did not respond to calls on the issue.
He also did not respond to text messages sent to his mobile phone.

Tags: exxonmobil
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.