Oando Marketing Ltd. now known as OVH Energy Marketing Ltd. has sacked about 100 of its workforce.

Gogomary Oyet, Group Head of External Relations and Communications, OVH Energy Marketing Ltd, said;

“About 70 workers were retrenched. It was done after extensive discussions for over eight months at the local, zonal and national levels of the relevant unions.”

“The severance package realised from these conversations were acceptable and signed by all parties before the implementation of the exercise.”

“We have executed this exercise strictly in line with the terms of agreement which was approved and signed by all named chapters of PENGASSAN and OVH Energy Marketing’s management.”

“The company has introduced a voluntary exit package for workers who are not affected by the severance exercise but wished to move ahead with other ventures.”