A body of former Group Managing Directors of the NNPC, have accessed the performance of the company after the implementation of the Petroleum Industry Act (PIA).
In their assessment, they concluded that the company is being managed properly under the current leadership of the Group Chief Executive Officer, Mele Kyari.
In a communique they jointly signed on Saturday at the end of their meeting, they commended efforts in advancing the company’s strategic objectives across key sectors.
Among others, the former NNPC leaders acknowledged 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.
Those present at the meeting and who signed the communique include Chief Chamberlain Oyibo, Dr Jackson Gaius – Obaseki, Engr Funsho Kupolokun, Engr Abubakar Lawal Yar’adua, Engr Austen Oniwon, Engr Andrew Yakubu and Engr Abiye Membere (Fmr GED E&P – Resource Person).
In their communque they said expressed 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”
They also empathised with the management team over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.
They stated further, “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.”
