Tag: Mele Kyari

Why, How NNPC GMD, Kyari, Bagged “The Sun Man of The Year” Award – MD/E-i-C

ADEOLA YUSUF

In yet another recognition of his efforts since becoming the GMD/CEO of the NNPC, Mallam Mele Kyari has been honoured with the “The Sun Man of The Year Award”, the biggest recognition by The Sun Publishing Comapany Ltd, publishers of The Sun Newspaper titles. Platforms Africa reports that Kyari received the award at a ceremony attended by eminent Nigerians at the Eko Hotel & Suites, Lagos on Saturday. They include the former Secretary to the Government of the Federation, Ambassador Babagana Kingibe; Kano State Governor Abdullahi Umar Ganduje, Ondo State…

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Why N480/kg Cooking Gas price surge rocking Nigeria may linger – NNPC

ADESUPO OSOSANYA

Platforms Africa reports that the price of Liquefied Petroleum Gas (LPG) also known as cooking gas in Nigeria, a major gas producer, has hit the roof, selling for N480 per kg and N6,000 per 12.5 kg.   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has declared that the cooking gas price surge rocking Nigeria may linger until the volume supplied to the domestic market is increased. Platforms Africa reports that the price of Liquefied Petroleum Gas (LPG) also known as cooking gas in Nigeria,…

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How, Why NNPC made ₦287bn Profit: Kyari gives Facts behind the Figures

ADEOLA YUSUF

Oil minister Sylva, Board Members Hail NNPC for first prifir in 44 years Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat. A statement from the NNPC quoted Kyari to have saifls this while speaking at a press conference Thursday at the NNPC Towers, Abuja. The GMD, the statement issued by spokesman, Garba…

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Kyari’s Two Years of Transparency Triumphs

Adeola Yusuf

Beyond the clatters and the glitters, the big question is, how has Kyari performed in the last 24 months of his stewardship as the GMD of Nigeria’s national oil company and by extension the “ operator-In-Chief’’ of the Nigerian Oil & Gas Industry? Here is the answer in less tham 400 words   Two years ago, precisely, on July 8, 2019, Mallam Mele Kyari mounted the soap box to assume duty as the 19th Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) in an elaborate hand-over ceremony. On…

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NNPC unveils Template for Wealth Multiplicity, Liquidity for Stakeholders

Adeola Yusuf

    The Nigerian National Petroleum Corporation (NNPC) has revealed its template for creation of liquidity and wealth multiplication for stakeholders. Platforms Afruca reports that the Group Managing Director of NNPC, Mallam Mele Kyari, who revealed this at the Nigeria Oil and Gas (NOG) Conference in Abuja, reiterated his Corporation’s commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria.   READ ALSO: Redeemed Pastor Arrested For Stealing N34m From Church Newly-Passed PIB Satanic, Unjust, N’Delta Leader Edwin Clark Thunders…

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NCDMB targets $3.7bn investments in commercial deals

Damilola Olonade

The Nigerian Content Development and Monitoring Board (NCDMB) said on Tuesday that it had committed a total of US$332million under its commercial ventures partnership programme with a view to attracting project developments in-country valued at US$3.7bn. The Executive Secretary, Engr. Simbi Kesiye Wabote revealed this at the bi-annual Nigerian Oil & Gas Opportunity Fair (NOGOF) 2021 which is being held virtually for the first time. The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kolo Kyari spoke at the event and expressed the corporation’s willingness to partner with…

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NNPC embargoes Petrol Ex-Depot Price Hike for May, fourth time in 2021

Efe Wellington

  Kyari flaunts 20bn litres petrol reserves, says Nigerians should go about their normal businesses without panic buying   The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex- depot price of Premium Motor spirit also known as petrol in May. This will be the fourth consecutive month that the corporation has suspended increase in price of the product. Ex-depot price is the price marketers buy products from depot owners; it determines the pump price at filling stations across the country. Group Managing Director, Malam Mele Kyari,…

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Nigeria Eyes $8.7bn Investments from Refineries, Pipelines’ Repairs

Efe Wellington

  Mele Kyari: Corporation remains destination of choice for global investors The Nigerian National Petroleum Corporation (NNPC) expects an investment of about $8.7 billion to flow in during the rehabilitation of the Warri Refinery and Petrochemical Company (WRPC), the Kaduna Refinery and Petrochemical Company (KRPC), as well as the revamping of some of its 5,000-kilometre pipelines throughout the country. In a virtual presentation titled: “Accessing Energy Infrastructure Opportunities at the NNPC”, at an event hosted by the United States Department of Commerce, the Group Managing Director of the NNPC, Mallam…

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Afreximbank’s $1bn fund for PH Refinery Rehab, fruit of transparency- Kyari

Aliyu Aliyu

. As NNPC, NEITI Renew Commitment to Deepen Transparency The Nigerian National Petroleum Corporation (NNPC) on Thursday declared that it secured financing agreement for the rehabilitation of the Port Harcourt Refinery by the African Export Import Bank (Afreximbank) as a fruit it reaped from its transparency and accountability. Though the rehabilitation is to gulp $1.5 billion, the financing deals secured from the Afreximbank, Platforms Africa gathered, is $1 billion. Group Managing Director of the NNPC, Mallam Mele Kyari, said while playing host to the management team of the Nigeria Extractive…

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NNPC ups gas investment, declares fuel transition “unavoidable”

Aliyu Aliyu

. We are sets for Strategic Role in New World Energy Order – Kyari Nigeria has revealed its plot to crash petrol consumption volume in tune with global fuel transition it described as unavoidable. The Group Managing Director of NNPC, Mallam Mele Kyari, who made this submission at the Decade of Gas Pre-summit Conference which held Monday in Abuja, with the theme: Towards Gas-Powered Economy by 2030, maintained that under the circumstances, natural gas, and by extension blue hydrogen, would be heavily depended upon as transition fuels to play a…

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