By Collins Nweze
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to entrench downstream competitiveness using innovation and information technology
The Chief Operating Officer Downstream, Adeyemi Adetunji made this assertion while declaring open the 13th Oil Trading and Logistics Expo taking place in Lagos.
Adetunji who was represented by the Managing Director Petroleum Products Marketing Company (PPMC), Bala Wunti stated that emerging market trends towards a digitised and automated world necessitate a rapid shift in focus for all downstream players.
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Adetunji said: “Old approaches of driving Cost efficiency and Safety are pretty much exhausted, hence in line with the Corporation’s TAPE Agenda, NNPC is aggressively working on digitizing its downstream operations”.
He further stated that the emerging value models revolve around the confluence of a hydrocarbon economy and a data economy hence all hands must be put on deck to fully digitalise the downstream sector.
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