CSO praises Tinubu for reappointing Mele Kyari as NNPCL GCEO

CSO praises Tinubu for reappointing Mele Kyari as NNPCL GCEO

Groups under the auspices of a coalition of civil society organizations have commended President Bola Tinubu for reappointing Mele Kyari as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC).

CSOs say the appointment is not only well-deserved and a reward for hard work, but also necessary to ensure that ongoing reforms are implemented by their successors.

The civil society organization, which made the award in a press statement signed by Chairman and Secretary Comrade Ephraim Jonathan and Comrade Yusuf Ibrahim Kudan, said: “With the reappointment of Mr. Kyari, President Tinubu is committed to ensuring the uninterrupted and smooth operation of the national oil industry.

The group recognizes the major panacea for enhancing the transparency and efficiency of Carrier’s reform program and NNPCL operations, while establishing a new trading subsidiary, establishing a new crude oil marketing department and implementing a new performance management system. He described the idea of ​​introducing Enhancing accountability in Nigeria’s oil and gas sector was a magic wand.

The newspaper said: “When Mele Kyari was appointed Group Managing Director of the now-defunct Nigerian National Petroleum Corporation (NNPC) on July 7, 2019, it came at a critical time not only for the company’s survival but for Nigeria as a whole. “There was,” he recalls. It affects not only the oil and gas sector but also the national economy.

“The appointment of President Muhammadu Buhari of Nigeria as the Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPCL) in 2021 has led to the succession of the NNPC under the new regime introduced by the Petroleum Industry Act, 2021. Becoming a company., TAPE became the standard for moving the new company forward in a global economy still reeling from the effects of the coronavirus pandemic that devastated the world in 2020 and 2021.

“It is clear that since his appointment, what seemed to be an insurmountable situation has turned around and NNPCL’s performance has been outstanding.”

It details ongoing reforms and the company’s growth from a loss-making company to a profit-making commercial entity, and efforts to checkmate crude oil theft and illegal refineries as a major surge leading to increased daily oil production. are listed. It added that Nigeria has regained its position as Africa’s largest crude oil producer, surpassing Algeria’s 1.021 million barrels per day and Angola’s 1.088 million barrels per day in November 2022.

“We are pleased that NNPCL has recorded its second consecutive year of ‘profit’, announcing 674.1 billion naira for the 2021 financial period, up from 287 billion naira in 2020. Naira, or 134.8% increase from the previous record of 287 billion Naira in 2020.

“We also noticed that the protracted fuel shortages, characterized by long queues at petrol stations, are gradually becoming history. And with the availability of Premium Motor Spirit (PMS), Nigeria People will remember the accomplishments of the management team that Cali led.”

“Notably, the good news is that the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project built by Oilserv will be commissioned in December.The AKK pipeline will extend from southern Nigeria to central Nigeria. This is a 614km long pipeline that transports natural gas.

“The most impressive accomplishment of Mr. Kyari’s management at NNPCL was the commencement of commercial oil exploration in northern Nigeria. It is estimated to be located in the Gongora Basin of the Upper Benue Trough, which straddles Bauchi and Gombe states.

“The laudable Nigeria-Morocco Gas Pipeline (NMGP) is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco, which will extend 5,600 kilometers of gas pipeline across 13 African countries, namely Nigeria, Benin, Togo, Ghana and Cote. It’s a pipeline project. It’s a really impressive feat to go from Divoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, Mauritania to Morocco.”

Source: guardian.ng

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