Category: Jobs/Trainings

How Chevron suffered $5.5bn loss in one year

Efe Wellington

  Here is how despite sack of staff and slash in capital spending to ride out the downturn, Chevron still finished the year with a loss of $5.5 billion. Chevron reported a fourth-quarter loss Friday to conclude a rocky year for oil companies as the coronavirus battered demand for petroleum products. The US oil giant, which trimmed staff and slashed capital spending to ride out the downturn, finished the year with a loss of $5.5 billion, compared with earnings of $2.9 billion in 2019. Chevron lost $665 million in the…

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96 foreign, local firms jostle as race for NNPC’s key downstream Contracts begins

Efe Wellington

  96 prominent and reputable companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure ranging from critical pipelines to depots and terminals through the Build, Operate and Transfer (BOT) financing model. The corporation confirmed this at a virtual public bid opening exercise which held at the NNPC Towers, Abuja for the pre-qualification of companies for the contract. Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, in a statement sent to Platforms Africa, stated that…

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Why We Fired 300 Workers – Arik Air

Wonuola Olujobi

  Management of Arik Air (in receivership) has declared that 300 sacked members of staff are redundant to its current level of operations. The airline, which said this in a statement sent to Platforms Africa, noted thst the leadership of the impacted unions have been contacted to negotiate a redundancy package for the affected staff. “It is important to note that over 50% of Arik Air’s workforce of over 1,600 staff has been on furlough in the past six months on a base allowance. “Decisions to let go off staff…

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428 Nigeria Agencies cash trapped, can’t pay workers’ salaries month end

ADEOLA YUSUF

The Director General of the Budget Office, Ben Akabueze, has said about 428 government agencies will not be able to pay salaries by the end of November. Akabueze stated this when he appeared before Senate Committee on Public Accounts in an interface on Tuesday. He hinged the development on the new minimum wage. He however said that Federal government will need to fund from the servicewide vote in order to cater for the shortfall in Civil Servants salaries for November. According to him: “Four hundred and twenty-eight agencies will not…

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Nigerian government surrenders to Varsity lecturers, replaces IPPIS with UTAS

Aliyu Aliyu

  The Nigerian Government has sutrendered to lecturers in its Universities over positions on payment platform, Integrated Payroll Personnel Information System (IPPIS). Instead of IPPIS, Abuja declared plans to consider the adoption of the University Transparency Account System being proposed by the Academic Staff Union of Universities (ASUU). The Minister of Labour, Productivity and Employment, Senator Chris Ngige, made this known on Tuesday after about two hours closed door meeting involving the Senate leadership, the Federal Government and ASUU leadership. Ngige said the alternative platform presented by ASUU is home…

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Chevron sacks 1,000 additional staff in Nigeria + Classified Document of deals with PENGASSAN

Efe Wellington

The United States (U.S.) oil supermajor, Chevron Corporation, on Friday declared that it has reduced its workforce by 25 per cent in the various levels of the organisation in Nigeria, creating apprehension in the industry. This, data obtained showed, will affect about 1000 workers. The sack of staff was contained in a statement made available to Platforms Africa signed by Chevron Nigeria Limited (CNL’s) General Manager Policy, Government and Public Affairs, Esimaje Brikinn. This fastest growing online newspaper in Africa has earlier obtained a classified document of a deal the…

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