Mele Kyari
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...
NNPC explains parameters for employment, career progression
The Nigerian National Petroleum Corporation (NNPC) has explained the parametres for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment process as well as top Management promotion exercise executed by the corporation as an illustration. The National Oil company says unblemished academic competence, logical thinking, ability to engage meaningfully in problem solving in addition to federal character are key to becoming an employee of the corporation. To progress in the Management cadre, professional competence, accountability and transparency as well as ensuring national spread in top management positions are critical factors that are not negotiable. Explaining the parametres, NNPC Group General Manager, Group Public Affairs D...
Nigerian government commends NNPC, partners for coronavirus interventions
The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, yesterday, commended the Nigerian National Petroleum Corporation (NNPC) for her unwavering support and several medical interventions, geared towards providing a lasting solution to the novel coronavirus pandemic in Nigeria. According to a statement by the NNPC, Mustapha stated that the gesture showed the corporation as the hallmark of a national oil company. The NNPC noted that Mustapha gave this commendation while receiving 20 ventilators donated by Ocea S.A, a France based company through the NNPC, to bolster the fight against COVID-19 in Abuja. It added that Mystrose Defence Systems Limited presented the donation to the NNPC on behalf of Ocea S.A. to bolster the fight...
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...
President Buhari urges stakeholders commitment as NLNG signs Train 7 project construction
Nigeria LNG Limited (NLNG), Bonny, Rivers state, says it has signed Engineering, Procurement and Construction (EPC) Contracts for much-anticipated Train 7 Project with the SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo. The development signifies the commencement of the Detail Design and Construction phase of the project expected to increase the capacity of NLNG’s current six-train plant by 35% from the extant 22 Million Tonnes Per Annum (MTPA) to 30 MTPA. Tony Attah, Managing Director, NLNG, said, “The award of the EPC Contracts clearly demonstrates our Shareholders’ determination and resolve to sustain the economic dividends NLNG’s monetization of our vast natural gas reserves offers Nigeria” Group Managing Director (NNPC) and a Director on the NLNG Board, Mele Kya...
Nigeria governors meet Wednesday on quick way out of coronavirus effects
The Nigeria Governors’ Forum says it will meet on Wednesday to review the situation of COVID-19 pandemic in various states, and as well find paths for a quick way out of the effects of the pandemic. The forum made this known in a statement by Abdulrazaque Bello-Barkindo, NGF Head, Media and Public Affairs, in Abuja on Tuesday. Bello-Barkindo said issues to be discussed at the 8th teleconference meeting, according to the invitation sent from the NGF Director-General, Mr Asishana Bayo Okauru, include update from the Presidential Task Force on COVID-19. He also listed a new initiative codenamed CACOVID-Volunteer Health Workers Support Scheme to States, including a consideration for a CACOVID–Healthcare Training Proposal, among others. Bello-Barkindo said: “The state governors will also take a...
Petrol to sell at N117 per litre as PPMC cuts ex-depot prices
AHA Taxis The Petroleum Products Marketing Company (PPMC), Wednesday, slashed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N108 per litre, a move reflecting the drop in crude oil prices. It is also expected to result in a lower pump price at petrol stations by end of this week. In a memo to oil marketers and other stakeholders in the petroleum marketing business, dated May 5, 2020, with the subject: ‘Re: PPMC Petroleum Products Prices for May 2020,’ the PPMC also slashed the ex-depot price of Automotive Gasoline Oil, also known as diesel, to N164 per litre for depots in Lagos and N166 per litre for depots in Oghara, Calabar, Port Harcourt, among others. The indicated that the new prices would take effect from May 5, 2020. The ex-depot price is the price at whi...
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