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17-Sep-2015

NOCAL PROCEEDS WITH REDUNDANCY PLANS

(MONROVIA, September 15, 2015): The Interim Management Team of the National Oil Company of Liberia (NOCAL) remains committed to the fair and equitable treatment of all employees during the implementation of the entity’s Sustainable Action Plan (SAP) which was recently approved by NOCAL’s Board of Directors and endorsed by President Ellen Johnson Sirleaf. The SAP calls for a company-wide reduction in NOCAL’s workforce by the end of September and the restructuring of the company. Employees from all levels of the company will be affected by the exercise.

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