GMD
NNPC commits to ensuring energy sufficiency, wealth creation for Nigerians
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021) on Tuesday in Abuja. Speaking on the topic: “Vision and Priorities for Nigeria’s Energy Transformation,” Mallam Kyari stated that for a nation with a teeming youth and a developing economy, Nigeria needed the right policies to unlock its huge economic potential, stressing that NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders. “We see a nation that m...
NNPC to partner Borno government to establish gas power plant
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Alhaji Mele Kyari has said that the corporation will partner with Borno State Government to establish a Gas Power Plant following the vandalization of the national grid by insurgents which put the state almost three months into total blackout. Kyari who led a powerful delegation on a courtesy call on Governor Babagana Umara Zulum on Friday said, the Federal Government will not fold its arms and neglect the state which is been ravaged by insurgents, especially cut off from the national grid, as power is a source of income to the teaming people of the state. “We are here with my colleagues, the Head of Gas and Power Business, Engineer Yusuf Usman, Representatives of Greensville Liquefied Natural Gas (LNG), which is a...
NNPC: AKK gas pipeline project contract not inflated
The Nigerian National Petroleum Corporation (NNPC) said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was not inflated to the tune of 1.527 billion dollars, as alleged in an online media outfit. The corporation disclosed this in a statement signed by its spokesman, Dr Kennie Obateru, in Abuja on Monday. He described the accusation as false, baseless and unfounded. Obateru noted that the NNPC was considering instituting legal actions against the medium and her collaborators. He added that the corporation brought the accusation to the attention of the Bureau for Public Procurement (BPP) which rejected the speculative analysis of the online medium as false and not portraying the true position of the BPP’s report on the subject. “This is clearly a concocted analysis aimed at attacking th...
Senator: NNPC’s audit report underscores readiness for transparency
Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC) is an indication of its readiness to ensure transparency in its operations. Akpan made this known while briefing newsmen in Abuja on Tuesday. “The recently published audited financial statement of the NNPC, also goes a long way to underscore the readiness of the new management under the GMD, Malam Mele Kyari, toward pursuing transparency, good governance and also accountability in the industry. “Nobody used to know what happens in the NNPC; but I think we are beginning to see results, and we can actually attest to the fact that this is in line with the new spirit. “I must commend President Muhammadu Buhari for the trust an...
Minister lauds NNPC, offers land for hospital
As the battle against COVID-19 rages, the Minister of Federal Capital Territory Administration (FCT), Mr Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for rallying the oil and gas industry to support the nation to defeat the pestilence. Speaking at the NNPC Towers during a courtesy call on the Group Managing Director on Thursday, the Minister said he was impressed with the quality of interventions coming from the NNPC-led oil and gas industry coalition. Bello, who also commended the GMD for his sterling performance since assumption of office, said the FCT Administration had been holding discussions with the NNPC Medical team on the possibility of developing a healthcare facility in Abuja for the benefit of all residents and other Ni...
EFCC: Lockdown won’t abort cases against ex-first lady, former governors, others
The lockdown arising from coronavirus appears to have slowed down the fight against corrupt practices in the country for close to six weeks. Meanwhile, the Economic and Financial Crimes Commission, EFCC, says there is no cause for alarm as it will ensure that none of its ongoing investigations and cases in court will be aborted. The Commission is certain that as the federal and state governments begin to reopen the economy, it will ramp up legal actions to bring the suspects of financial crimes to account for their actions. “These suspects will unfailingly have their days in court,” EFCC Acting Chairman, Ibrahim Magu, declared. Documents reviewed by newsmen indicate that the Commission has its hands full of cases awaiting resolution in court, while some cases being investigated are ripe en...
