Tag: Kyari

  • Subsidy removal a game-changer in fight against cross-border smuggling – Kyari

    Subsidy removal a game-changer in fight against cross-border smuggling – Kyari

    The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that the removal of fuel subsidy in Nigeria was a massive game changer in curbing cross-border smuggling.

    In an interview with Channels TV on Sunday, October 13, Kyari made this claim, stating that the subsidy caused a pricing difference between Nigeria and its neighbours, which he said, made smuggling extremely lucrative.

    Kyari emphasized that prior to the subsidy removal, the price differential was significant, encouraging smugglers to ship petroleum across borders.

    However, “the removal of the subsidy has effectively calibrated fuel prices, eliminating the profitability of smuggling”, he said.

    According to him, in addition to drastically reducing smuggling, the subsidy removal has also resulted in price parity and equalization with PMS price across borders.  

    Read Also: NNPCL GCEO Kyari loses 25-yr-old daughter

    Kyari said: “The removal of fuel subsidies in Nigeria has been a game-changer in the fight against cross-border smuggling.

    “For decades, the subsidy created a lucrative opportunity for smugglers to profit from the price difference between Nigeria and neighbouring countries.

    “This is a positive development for Nigeria’s energy sector, as it can help to ensure that consumers are paying fair prices for fuel.”

  • On Reps’ misplaced call for removal of Kyari/Ahmed

    On Reps’ misplaced call for removal of Kyari/Ahmed

    • By Abiola K Dada

    The nation has, in the last few weeks, been steeped in a rash of arguments between the management of Dangote Refinery and oil sector regulatory authorities over the refinery’s operational practices, failure of adherence with standards, and other ancillary matters. The arguments had prompted some stakeholders to call for the sacking of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari and the Chief Executive Officer of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed. It is egregiously preposterous that some members of the House of Representatives would consider the call for removing Kyari and Ahmed from their respective offices as proper thing to do by the authorities that appointed them.

    The call is utterly perverse and impetuous. It also paled into a needless suggestion in the face of dispassionate discharge of the duties of their respective offices as clearly circumscribed by the extant laws from which they derive their functions and powers.

     Calling for the removal of Kyari and Ahmed when, sadly, the elephant in the room has not been exhaustively addressed, is jejune in the context of more significant matters engaging national attention. Unfortunately, and this is bad public relations for Nigeria, the dissonance arising from this has created adverse vibes, stimulated negative sentiments and produced troubling tidal waves for the country in the comity of nations-simply because at the centre of the hoopla is the critical oil and gas sector.

    The very jaundiced position taken by some members of the House of Representatives in their sanctioned bid to investigate the factors working against the petroleum sector in the country is patently ill advised and unfortunate.

    An unabashed pseudo-legislative assault on petroleum sector regulators during the pendency of investigation calls to question the neutrality and patriotism of the committee members, especially against the backdrop of feelers that some forces had compromised their integrity. Globally, industries-including the oil sector- are regulated and Nigeria is not an exception.

    For the country to succeed and to tame the monster of corruption and improve ease of doing business, lawmakers need to be knowledgeable about the sector they oversight and do more in their oversight functions in the national interest instead of allowing mundane and pecuniary issues to becloud their sense of consideration and judgement.

     All the extant regulations governing the actions of regulators in the entire petroleum industry value chain, especially the midstream, downstream and upstream sectors, are circumscribed in the Petroleum Industry Act. What the legislature needed to do was to find out if actions taken by the regulators aligned with the provisions of the PIA. If they aligned, then it would be needless to upbraid or threaten heads of the regulatory agencies with removal. Blackmail or intimidation of oil sector regulators by legislators, as had been done by some members of the House of Representatives should not be allowed to gain legislative footing. Committed players and regulators like the NNPCL and NMDPRA should not be hounded.

     From the outset, Mele Kyari and Farouk Ahmed have doubled down on the delivery of their mandates. But, what, perhaps, they never took into account was the pain of those who were corruptly profiting from the old order and how desperate they were to undermine their patriotic efforts and services to the fatherland. These elements are working round the clock to have them removed from the headships of the regulatory agencies so that the plundering of our commonwealth could continue.

    Read Also: Economic sabotage: NNPCL, NMDPRA, others deny complicity

    The regulatory actions of Mele Kyari and Farouk Ahmed have upended the penchant for economic sabotage of the past.

    With the leaderships in the saddle at the NNPC and NMDPRA, it is business unusual. Rather than kowtow to the antics of some vested interests, they have invoked the provisions of the extant law to tighten and strengthen regulatory framework and regulations. To build the falling walls of a country like Nigeria requires doggedness, commitment and discipline, bearing in mind that when the powerful and corrupt vested interests are challenged, they push back and seek to upset the apple cart.

    Despite the weight of evidence at the disposal of these regulators, the powerful vested interests are ahead in the media with their contrived narratives. The antics of taking selected groups on guided tours of facilities are commonplace and conduces to the contrived media narratives.

    A fallout of the tours is the “crucify them, crucify them” or “remove the heads of the regulatory agencies or sack them” mantra that has gained little traction in the National Assembly. This is extremely dangerous for our nation. It becomes even more dangerous if the appointing authorities pander to the media propaganda and trial.

    The pressure and paid negative media campaign against Mele Kyari and Farouk Ahmed have become writ large. The patriotic ramifications of their regulation of the petroleum sector and the many giant strides they have recorded in the saddle should commend them to President Bola Tinubu who is the substantive Minister of Petroleum Resources, to wit: to ignore the antics of those who never wished Nigeria well because of their selfish and pecuniary interests. However, kudos should go to a group of patriotic members of the House of Representatives who last Thursday weighed in and dismissed the recent call by Hon. Philip Agbese for the removal of Kyari and Farouk as premature and against parliamentary culture. Leading a 50-member strong House of Reps group, Hon. Billy Famous Osawaru (Edo State) maintained that it was against the rules of the House to jump into conclusions in a matter that was still under investigation by designated House Committee.

    Osawaru had taught the other party a little bit of law and justice that is anchored on the principle of fair hearing. He emphasized that parties should be afforded the right to fair hearing since investigation was still on, and that the committee handling the probe should not be pre-empted, influenced or distracted in the course of carrying out its legislative assignment.

    The efforts of Osawaru and his colleagues should be commended as they would ultimately help to foster harmony and peace in the land. Similarly, stakeholders in the petroleum industry value chain must think about the good of Nigeria above any other interest. Washing the supposed dirty linen of the country openly has not only brought shame to Nigeria at home, but also in the international arena.

    This is the time for the president to weigh in to stop this disturbing situation by helping to empower, protect and strengthen oil sector regulators no matter whose ox is gored and as long as it is justifiably gored. Mele and Farouk’s stewardships have been largely characterised by strategic investments and regulations that have boosted Nigeria’s oil and gas production capacity and enhanced national development.

    No country survives under a monopolistic market. Nigeria must be allowed to breathe. I hope the House of Reps members who are working in cahoots with vested interests to undermine regulatory capacities in the oil sector realize the ramifications of their action. In any case, while one would want the investigation carried out to its logical conclusion, such a process must be stripped of any personal or political vendetta, victimization, mischief and muscle flexing.

    Once this is done, facts on ground will simply point to the canonization of Kyari and Ahmed and not their demonization. In particular, given the historical opacity in the administration of NNPC, Mele Kyari should be commended for dismantling that culture through his Transparency, Accountability and Performance Excellence (TAPE) philosophy in the NNPC on which the company has been run since he stepped in the saddle for profitability as well as publication of the books of the company for public information and scrutiny.

    • Dada, a petro-physical engineer, writes in from Lagos.

  • Security Chiefs, NNPC boss pledge to tackle pipeline vandalism

    Security Chiefs, NNPC boss pledge to tackle pipeline vandalism

    The Chief of Defence Staff, Gen. Christopher Musa, and other security and intelligence chiefs say they have devised strategies to combat crude oil theft and pipeline vandalism in the Niger Delta.

    Musa disclosed this on Tuesday in Abuja at a press briefing shortly after a closed door meeting held by some security chiefs.

    The meeting also had in attendance the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari.

    Musa said it was high time that the oil theft in the South-South was stopped, promising that the security agencies would henceforth clear the region of any acts of vandalism and criminality.

    He said President Bola Tinubu had mandated them to secure the entire South-South and to enable NNPC and other International Oil Companies (IOCs) carry out their task to ensure improved production.

    Musa said: “We know that Nigeria relies so much on what we can produce and so we want to use this medium to appeal to the communities to have an understanding.

    Read Also: Bisola Aiyeola not ready for engagement

    “Yes, we know trust has been a problem, but they can trust us, they can trust the government that we want to do things differently.

    “Everyone will be carried along, everyone has a role to play; it is not only for the security agencies alone.

    “We need the communities to understand that pipeline vandalism and all the hazards being caused is also affecting them directly and we need to stop that,” he stressed.

    Musa added that there was the need for agencies to work together, saying the meeting was to enable them harmonise their strategies based on the president’s mandate.

    He said that all their operations would be harmonised under the joint task force with the land components of all the other agencies.

    “I can assure you within the next shortest possible time, you will see results coming in.”

    Also speaking, the Inspector-General of Police, Kayode Egbetokun, said the services and agencies agreed at the security meeting that all must come together to solve the problems.

    Egbetokun said there was the need to take every necessary step to address all the issues, assuring that results would be visible in the days ahead.

    On his part, the NNPCL boss said the engagement was in response to the directives of the President to the defence chiefs to take control of the crisis in the Niger Delta operational area.

    Kyari said that oil theft and bunkering had become a major national issue, adding that the President had directed the chief of defence staff to ensure that they contained it within a shortest frame of time.

    He said the move was aimed at restoring national production to the level expected by the country.

    “To this end, we need the coordination and cooperation of the armed forces, the police, the DIA, the Department of Military Intelligence.

    “We need the coordination of everyone in Nigerian Police, the DSS, and everyone is on board to see that this activity goes forward so that we can restore production.

    “Not only that, it is the survival of our country that is at stake today, but without restoring oil and gas production, we cannot have that stability that we all desire.

    “It is impossible to do this without having settlement around the crisis that we have in our operational area.

    “We have already seen progress and we have seen substantial value that is being created by the coordination and cooperation and we are very convinced that the solution is in sight,” he said.

    (NAN) (www.nannews.ng)

  • 15 lawmakers demand Kyari’s resignation as NNPCL boss

    15 lawmakers demand Kyari’s resignation as NNPCL boss

    Fifteen lawmakers under the aegis of The Economy Rescue Group, have called on Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, to resign.

    The group alleged mismanagement under Kyari’s leadership at the NNPCL was responsible for the woes being recorded by President Bola Ahmed Tinubu’s administration. 

    In a statement signed in Abuja by its leader, Hon Esosa Iyawe, lawmaker representing Oredo Federal Constituency at the House of Representatives, in Abuja, the lawmakers insisted that Kyari should be suspended, pending outcome of House of Representatives’ joint Committee on Petroleum (Downstream and Midstream) forensic investigation into the state of the national oil company and the downstream and midstream sectors as a whole.

    The lawmakers accused the NNPCL CEO and other management staff of the corporation of undermining Tinubu’s Renewed Hope Agenda through corruption, incompetence and must be shown the way out until the forensic investigation embarked upon by the House of Representatives through the Downstream and Midstream joint Committee is concluded, in other to avoid any act of sabotage.

    Read Also: Legal limits of protest

    While backing the House’s forensic investigation into the presence of middlemen in trading, indiscriminate issuance of licenses, unavailability of laboratories to check adulterated products, the influx of adulterated products into the country, among others, the group advised President Tinubu to wield the big stick by suspending the NNPCL top echelons till the probe is over.

    “We the 15 concerned lawmakers state unequivocally that the woes of the Oil and Gas sector in the President Bola Ahmed- led administration are caused mainly by the failures and mismanagement of the NNPLC under Kyari’s management. Therefore, for this to be fixed, they should honourably resign,” the lawmaker said.

    “In an event they fail to step down on their own, the President should not hesitate to suspend them pending the investigation embarked upon the House of Representatives through its joint Committee on Petroleum: Downstream and Midstream. 

    “The petroleum sector remains the backbone of the nation’s economy and the allegations uncovered by the House which necessitated the forensic investigation are astounding and astonishing. They have to do with the presence of middlemen in trading, the indiscriminate issuance of licenses, the unavailability of laboratories to check adulterated products, the influx of adulterated products into the country, the allegation of non-domestication of profits realised from crude marketing sales in local banks, and other anomalies.

    “Unfair subsidisation of PMS and other petroleum products which negatively affects competitiveness in the sector, racketeering and favouritism in the Pro Forma Invoice System (PFI) regime, indiscriminate issuance of licenses and importation of refined petroleum products.

    “Return of PMS price intervention with its impact on domestic market, product unavailability to marketers from NNPC Retail. Endless shifting of timelines for refinery rehabilitation, the nefarious activities at petrol depot which have affected product distribution and caused scarcity and the use of middlemen in trading which has negatively affected domestic crude supply.” According to the lawmakers, with all these happening under the watch of Kyari, there is no way the economy can grow.

    “It is therefore, obvious that the NNPCL management is out to undermine and is already undermining the Tinubu’s Renewed Hope Agenda with corruption, incompetence and they must be suspended to give room for unhindered probe.”

    Iyawe recently moved a motion in the house, calling on the Federal Government to suspend the CEO of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, pending investigation into his remark about quality of petroleum products at Dangote Refinery.

  • I don’t own a refinery in Malta, says Kyari

    I don’t own a refinery in Malta, says Kyari

    The CEO/ MD of Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari has denied establishing a crude oil blending plant in Malta.

    In a statement he personally issued, he also noted that he is not aware of any employee of the company who owns such a plant.

    He was responding to the accusation that the President of Dangote Group, Aliko Dangote leveled against the NNPCL.

    Dangote claimed that owing to their ownership of a blending plant in Malta, the company has been frustrating local refineries such as his 650,000barrels per day plant.

    Kyari said, “I am inundated by enquiries from family members, friends and associates on the public declaration by the President of Dangote Group that some NNPC workers have established a blending plant in Malta thereby impeding procurements from local production of Petroleum products.

    Read Also: No need for protest because I’ve heard your call – Tinubu tells Nigerians

    “To clarify the allegations regarding blending plant, I do not own or operate any business directly or by proxy anywhere in the world with the exception of a local mini Agric venture.

    “Neither am I aware of any employee of the NNPC, that owns or operates a blending plant in Malta or anywhere else in the world. “A blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.

    “For further assurance, our compliance sanction grid shall apply to any NNPC employee who is established to be involved in doing so if availed and I strongly recommend that such individuals be declared public and be made known to relevant government security agencies for necessary actions in view of the grave implications for national energy security.”

  • JUST IN: I have no blending plant outside Nigeria, says NNPC boss Kyari

    JUST IN: I have no blending plant outside Nigeria, says NNPC boss Kyari

    The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari has said he does not own a blending plant outside Nigeria.

    Kyari stated this on Tuesday, July 23, while reacting to claims that some officials of the NNPC have blending plants in Malta.

    Reacting in a post on his X handle (formerly Twitter), Kyari said he had been inundated with calls from family members and friends, asking if he truly owns a blending plant in Malta.

    Kyari stated that he does not own or operate any business directly or by proxy anywhere in the world except a local mini-agricultural venture.

    He also said he is not aware of any employee of the NNPC that owns or operates a blending plant in Malta or anywhere else in the world.

    “I am inundated by enquiries from family members, friends and associates on the public declaration by the President of Dangote Group that some NNPC workers have established a blending plant in Malta thereby impeding procurements from local production of Petroleum products.

    “To clarify the allegations regarding the blending plant, I do not own or operate any business directly or by proxy anywhere in the world with the exception of a local mini Agric venture, neither am I aware of any employee of the NNPC, that owns or operates a blending plant in Malta or anywhere else in the world.

    Read Also: Alleged drug deal: Appeal Court refuses Abba Kyari’s request to quash charge

    “A blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.”

    The NNPC boss threatened to sanction any official of the NNPC involved in such acts if they truly exist.

    “For further assurance, our compliance sanction grid shall apply to any NNPC employee who is established to be involved in doing so if availed and I strongly recommend that such individuals be declared public and be made known to relevant government security agencies for necessary actions in view of the grave implications for national energy security,” he stated.

  • Kyari promises to deliver AKK gas project in Q1 2025

    Kyari promises to deliver AKK gas project in Q1 2025

    The Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer (GCEO), Malam Mele Kyari, has assured assurance the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project will be delivered in the end of the first quarter of 2025.

    A statement by the NNPCL Chief Corporate Communications Officer, Mr Olufemi Soneye, noted that Kyari said major segments of the job have been completed.

    He said this was made known during the visit of three cabinet Ministers to the AKK Gas Pipeline Project Site where they inspected the River Kaduna crossing milestone of the project in Kaduna.

    According to statement, Kyari gave the assurance to the  three Ministers who visited the Project Site.

    They were: Minister of Finance/Coordinating Minister of the Economy, Mr. Wale Edun; Minister of Information & National Orientation, Mr. Mohammed Idris Malagi and Minister of State for Petroleum Resources (Gas), Rt. Hon Ekperikpe Ekpo.

     Soneye quoted Kyari as saying, “Without promising too much, we assure you that this Project will be delivered on schedule. Our mission is to work towards delivering it by December this year. But we are confident this project will be delivered by 1st Quarter of 2025.”

    The Federal Government has highlighted the huge multiplier impact of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project on the nation’s economic growth and industrialisation.

    Read Also: One civilian killed, two policemen injured in Kano

    Speaking at the project site, the Minister of Finance Coordinating Minister of the Economy, Mr. Wale Edun described the AKK Gas pipeline as the pipeline of prosperity, which is very dear to the President, because it will deliver the critical infrastructure needed to trigger the nation’s economic growth and industrialisation. 

    “The AKK Gas Pipeline is crucial for this administration and its delivery is in line with Mr. President’s strategy of bringing prosperity to the people,” Edun added.

    Minister of Information and National Orientation, Mr. Mohammed Idris Malagi said the AKK Gas Pipeline Project is a testimony to the fact that the Federal Government’s “Decade of Gas” has commenced in earnest.
    “Nigerians should be proud of the AKK Gas Pipeline project. With the delivery of this project, the prosperity that Mr. President is always talking about is unravelling right here before our eyes,” he said.
    Also speaking, the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the gas pipeline is part of the Federal Government’s many efforts to harness the nation’s abundant gas resources towards improving power generation, revamping ailing industries, and creating employment opportunities in the country.
     
    Ekpo urged all stakeholders to support the NNPC Ltd towards delivering the project and several other gas projects as the country depends on it to bring prosperity to the people.
    The three Ministers, who lauded the NNPC Ltd and its project partner, Brentex/CPP Ltd (BCL) on the progress made so far, also expressed optimism that the NNPC will deliver as promised.
    Meanwhile, Kyari who  said the NNPC Ltd recognises the strategic importance and enormous value of the project to Nigeria’s economy, stressed that the Company was bankrolling the project on the back of its own balance sheet.

  • Fuel scarcity: Mercenaries behind NANS’ call for Kyari’s removal — ESG

    Fuel scarcity: Mercenaries behind NANS’ call for Kyari’s removal — ESG

    The Energy Security Watch Group (ESG) has linked the call by National Association of Nigerian Students (NANS) for the suspension or resignation of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kolo Kyari, to handiwork of mercenaries, against the ‘Renewed Hope Agenda’ Energy Supply of President Bola Tinubu.

    ESG, in a statement by its Executive Director (Strategy), Comrade Samuel Segun Nelson, called for calm as the NNPCL was leaving no stone unturned to clear the temporary petrol supply disruption being witnessed in few days across the country.

    The group wondereed if there was no political and economic sabotage undertones, why will NANS, who is expected to be enlightened, not follow the trend and issues that led to the momentary challenge but instead decided to attack the Kyari-led NNPCL, which has shown commitment to tackle the issue headlong.

    It said: “Thus, for the attention of NANS and other Nigerians who are agitated, NNPCL under Kyari has made a commitment that the company currently has an availability of products exceeding 1.5 billion litres, which can last for at least 30 days, hence such calls and plan mob but not mass action is unnecessary distractions and overheating of the polity.

    Read Also: Fuel scarcity: Normalcy returning as stations get supply

    “NNPCL has left no one in doubt that the three-day disruption in distribution is due to logistical issues, which has since been resolved by resolved by the company but that ideally requires more time to return to normalcy. But to add salt to an injury, businessmen in the sector have taken advantage of this situation to maximise profits to the detriment of the public.

    “But fortunate, the Independent Petroleum Marketers Association of Nigeria (lPMAN) agreed that following the intervention of the NNPCL, the queues will disappear from filling stations, hence more products will be available for lifting by marketers and Nigerians can easily get the product.

    “Therefore we call on NANS and their sponsors or collaborators to have a rethink and give the NNPCL under the ever committed Kyari to address the issue and not sabotage the realisation of the President Bola Ahmed Tinubu ‘Renewed Hope Agenda’ Energy Supply which is already addressing the hitherto energy crisis.”

  • Reps joint committee summons NNPCL boss Kyari over environmental degradation

    Reps joint committee summons NNPCL boss Kyari over environmental degradation

    ….threaten sanctions

    The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has been summoned by a joint committee of the House of Representatives to appear on May 8, 2024, over a probe into environmental degradation caused by the activities of oil companies in oil producing communities in the country.

    The summon was handed down by the chairman of the House Committee on Environment, Hon Pondi Julius Gbabojor, at an investigative hearing on the need to investigate the service and unprecedented environmental damage within the communities on Wednesday.

    Also to appear before the joint committee are the chief executives of some oil companies and relevant government agencies.

    The House Committees include Environment, Petroleum Resources (Upstream), Petroleum Resources (Downstream) and Climate Change.

    Gbabojor said the matter to be addressed was critical as he threatened appropriate sanctions if those invited failed to turn up.

    Besides the NNPCL, oil companies summoned include Chevron Nigeria Limited, Mobil Producing Nigeria Unlimited, Total Energies, Oando Oil Limited, Shell Petroleum Development Company of Nigeria Limited Seplat Energy among others.

    Also, government agencies summoned include the Nigeria Midstream Petroleum Regulatory Commission, National Oil Spill Detection Response Agency, National Environmental Standards Regulations and Enforcement Agency.

    When the probe commenced on Wednesday, only four out of 35 oil companies and agencies invited for the probe showed up.

    The National Environmental Standards Regulations and Enforcement Agency, however, sent an excuse through a representative, but the rest did not give any reason for their absence.

    Read Also: NNPC Chief Kyari bags GCEO of the year award

    The Committee members however complained that even the four that turned up submitted the relevant documents just the previous day, not giving the lawmakers enough time to study it for the probe.

    They rued the attitude of the oil companies and agencies saying it impeded efforts aimed at moving the country to a better place.

    Gbabojor said: “We will do another letter to everybody. They should turn up to answer questions on issues about the degradation of the environment due to the activities of oil companies.

    “They have to be here on the 8th of May. If anybody fails to show up on, then we would not decide as a committee what to do. I want to believe that there was enough time, two letters were sent, and there was ample time for them to see the letters and duly honour them. But for putting on a human face, we would still give another time to do so,” he said.

    The Speaker of the House of Representatives, Tajudeen Abbas, in his opening remarks earlier said it was important to protect the environment.

    Represented by the Deputy Minority Whip, George Ozodinobi, he said: “I fully recognize the immense responsibility which befalls us as public servants to protect and safeguard our environment and meet the challenges posed by the ravages of environmental damages, and the need to balance economic prosperity and social responsibility to ultimately achieve equitable development.

    “Also as representatives of the people, we must ensure that the voices of those most affected by environmental damage are heard and respected. We have to listen to the fears that are faced by frontline communities, indigenous people, and marginalized groups who usually bear the brunt of environmental injustice.

    “It is therefore, for this reason, that the House mandated the Committees on Environment, Petroleum Resources (Upstream), Petroleum Resources (Downstream), and Climate Change, to investigate the environmental damage in oil-producing communities caused by non-compliance to extant laws by oil producing companies.”

  • NNPC Chief Kyari bags GCEO of the year award

    NNPC Chief Kyari bags GCEO of the year award

    Group Chief Executive Officer, NNPC Ltd, Mr. Mele Kyari has been honoured with the Energy Times’ GCEO of the Year Award in recognition of his commitment to accountability, transparency, and performance excellence.

    Chief Corporate Communications Officer of the Company, Mr. Olufemi Soneye received the award on behalf of the NNPC boss, in a ceremony held at the Eko Hotel & Suites in Lagos on Friday.

     Soneye disclosed this in a statement at the weekend.

    According to the Governing Council of Energy Times Award Committee, Kyari’s hard work has played a significant role in the company’s success and has contributed significantly to the growth of the energy sector in Nigeria.

    Speaking at the occasion, Kyari said the NNPC Ltd, which has been on transition since the passage of the Petroleum Industry Act (PIA) has been championing the push to transform Nigeria into a gas-powered nation in keeping with its enormous natural endowment with over 209 trillion cubic feet proven natural gas reserves.

    “We are building gas infrastructure such as the OB-3 Gas Pipeline, AKK Gas Pipeline to deepen the use of gas in the domestic market, while we are also promoting the West Africa Gas Pipeline and the Nigeria-Morocco Gas Pipeline, as well as the Train 7 of the NLNG and number of Floating LNG Projects to deliver gas the global market,” Kyari stated. 

    Read Also: EnergyTimes to honour Dangote, Kyari

    The GCEO further noted that the NNPC Ltd is also aggressively expanding its portfolio in the power sector to make the company a truly rounded energy company. 

    “Apart from our stakes in a number of Independent Power Plants such as Afam VI, Okpai Phases 1 and 2 with a combined installed capacity of 1,420MW, there are plans to build three new power plants in the AKK Pipeline corridor Abuja, Kaduna, and Kano. The ground-breaking ceremony of the 1,350MW wholly owned Gwagwalada Power Plant was performed by President Bola Ahmed Tinubu in August last year” he added.

    Kyari, who dedicated the award to all NNPC Ltd staff, thanked the Energy Times editorial board for finding him worthy of the recognition, adding that it would spur him to work harder towards achieving more for both the NNPC Ltd and the Nigerian Oil & Gas Industry.