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Six Former NNPC GMDs Meet In Abuja, Chart Path To Progressive Oil, Gas Sector

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Six Former NNPC GMDs Meet In Abuja, Chart Path To Progressive Oil, Gas Sector

. Urge Kyari To Forge Ahead With PIA

. Worry Over Crude Theft, As Over 7,000 Illegal Refineries Destroyed

 

 

By Sulaimon Salau 

Six former Group Managing Directors (GMDs) of NNPC today met in Abuja to chart a course for an advanced oil and gas sector.

The ex- NNPC GMDs at the meeting include: Chief Chamberlain Oyibo, Dr Jackson Gaius – Obaseki, Engr Funsho Kupolokun, Engr Abubakar Lawal Yar’adua, Engr Austen Oniwon, and Engr Andrew Yakubu.

The meeting looked into the operations of the company and challenges of oil production, suggesting a way forward from the troubling issues.

They applauded the progress made so far in rehabilitation of the refineries, and empathise with the company over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.

The communique issued after the meeting and jointly signed by all reads: “We, the former Group Managing Directors (GMDs) of NNPC, express our unwavering support for the current leadership and their commendable efforts in advancing the company’s strategic objectives across key sectors.

“Today, 20th July, 2024, NNPC hosted a CEO Forum attended by the underlisted with the senior management staff. The forum provided insights on NNPC’s transition post PIA, the challenges and opportunities therefrom.

“We obtained insights into NNPC’s business activities in the context of global energy industry dynamics, strategic aspirations and operational updates. In particular, oil and gas production growth plan, gas infrastructure project delivery plan, progress on refinery rehabilitation and issues related to petroleum product supply and energy security were discussed.

“We commend Mele Kyari as the first Group CEO to implement the PIA, and noted with satisfaction the progress made with hope that its limitations will be addressed over time.

“We also acknowledge with satisfaction the significant progress made in:

  • Increasing crude oil and gas production
  • Funding of upstream operations and investments
  • Gas supply and infrastructure development for domestic and export including CNG and LPG delivery
  • Refineries rehabilitation progress
  • Reduction in carbon emissions and commercialisation of Nigeria’s vast gas resources

“We expressed our satisfaction in the achievements recorded and encouraged the management team to continue advancing strategies to improve operations, grow portfolio, and manage talent.

“We note with satisfaction the continuation of the policy on recruitment which takes into consideration the principles of diversity and inclusion as well as performance based career progression via a transparent process.

“We also noted that limited information is in the public domain on NNPC’s operations since transition to a private commercial entity. This has led to misleading commentary which we believe is not in tandem with the strides achieved by the company.

“We empathise with the management team over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.

“We reiterate that any attack on crude oil and gas facilities as well as illegal refining are acts of criminality and economic sabotage. Therefore, all activities hindering oil and gas exploration and production in Nigeria must be sanctioned.

“We appreciate that the PIA has made provisions for the Host communities’ development and also provided for sustainable funding. We trust that Government Security Agencies will do the needful and ensure that crude oil theft, illegal refining and activities of pipeline vandals are stopped to allow for investment and growth of Nigeria’s oil and gas sector.

“We appreciate the support that all tiers of Government and the Nigerian citizens continue to give NNPC and trust that this will be sustained by the present administration of H.E. President Bola Ahmed Tinubu,” they stated.

 

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Celebrity Code

Serena Williams

Serena Williams is an American former professional tennis player. Born: 26 September 1981, Serena is 40 years. She bids farewell to tennis. We love you SERENA.

Quotes

Success is not final; failure is not fatal: It is the courage to continue that counts.

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Six Former NNPC GMDs Meet In Abuja, Chart Path To Progressive Oil, Gas Sector

. Urge Kyari To Forge Ahead With PIA

. Worry Over Crude Theft, As Over 7,000 Illegal Refineries Destroyed

 

 

By Sulaimon Salau 

Six former Group Managing Directors (GMDs) of NNPC today met in Abuja to chart a course for an advanced oil and gas sector.

The ex- NNPC GMDs at the meeting include: Chief Chamberlain Oyibo, Dr Jackson Gaius – Obaseki, Engr Funsho Kupolokun, Engr Abubakar Lawal Yar’adua, Engr Austen Oniwon, and Engr Andrew Yakubu.

The meeting looked into the operations of the company and challenges of oil production, suggesting a way forward from the troubling issues.

They applauded the progress made so far in rehabilitation of the refineries, and empathise with the company over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.

The communique issued after the meeting and jointly signed by all reads: “We, the former Group Managing Directors (GMDs) of NNPC, express our unwavering support for the current leadership and their commendable efforts in advancing the company’s strategic objectives across key sectors.

“Today, 20th July, 2024, NNPC hosted a CEO Forum attended by the underlisted with the senior management staff. The forum provided insights on NNPC’s transition post PIA, the challenges and opportunities therefrom.

“We obtained insights into NNPC’s business activities in the context of global energy industry dynamics, strategic aspirations and operational updates. In particular, oil and gas production growth plan, gas infrastructure project delivery plan, progress on refinery rehabilitation and issues related to petroleum product supply and energy security were discussed.

“We commend Mele Kyari as the first Group CEO to implement the PIA, and noted with satisfaction the progress made with hope that its limitations will be addressed over time.

“We also acknowledge with satisfaction the significant progress made in:

  • Increasing crude oil and gas production
  • Funding of upstream operations and investments
  • Gas supply and infrastructure development for domestic and export including CNG and LPG delivery
  • Refineries rehabilitation progress
  • Reduction in carbon emissions and commercialisation of Nigeria’s vast gas resources

“We expressed our satisfaction in the achievements recorded and encouraged the management team to continue advancing strategies to improve operations, grow portfolio, and manage talent.

“We note with satisfaction the continuation of the policy on recruitment which takes into consideration the principles of diversity and inclusion as well as performance based career progression via a transparent process.

“We also noted that limited information is in the public domain on NNPC’s operations since transition to a private commercial entity. This has led to misleading commentary which we believe is not in tandem with the strides achieved by the company.

“We empathise with the management team over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.

“We reiterate that any attack on crude oil and gas facilities as well as illegal refining are acts of criminality and economic sabotage. Therefore, all activities hindering oil and gas exploration and production in Nigeria must be sanctioned.

“We appreciate that the PIA has made provisions for the Host communities’ development and also provided for sustainable funding. We trust that Government Security Agencies will do the needful and ensure that crude oil theft, illegal refining and activities of pipeline vandals are stopped to allow for investment and growth of Nigeria’s oil and gas sector.

“We appreciate the support that all tiers of Government and the Nigerian citizens continue to give NNPC and trust that this will be sustained by the present administration of H.E. President Bola Ahmed Tinubu,” they stated.

 

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Celebrity Code

Adebimpe Oyebade

Adebimpe Oyebade is a Nollywood star, who recently got married to a colleague, Lateef Adedimeji in a glamorous wedding.

Quotes

Your present circumstances don’t determine where you can go. They merely determine where you start.

  • Nido Qubein
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