Oil & Gas
THE Nigerian National Petroleum Corporation is set to leverage on the existing Direct-Sales-Direct-Purchase product supply arrangement to guarantee energy security for the nation.
The Group Managing Director of the Nigerian National Petroleum Corporation NNPC, Mele Kyari, made this commitment on Wednesday at his maiden town hall meeting with staff of the corporation at the NNPC Towers, Abuja.
He assured that his management would continue with the current efforts to revamp the downstream infrastructure to ensure 90 percent pipeline availability, automation of processes in product distribution system, and growth in NNPC Retail’s market share to 30 percent.
He charged the staff to support his management to deliver on all the objectives and brace up for greater challenges ahead, noting that as the main enabler of the Nigerian economy, the NNPC must entrench processes to ensure steady production growth and assured profitability across all tiers of the industry.
The highpoint of the meeting was the presentation of his agenda entitled Roadmap to Global Excellence, which encapsulates the strategic focus of his management.
Under the roadmap, NNPC operations under the new management would be anchored on Transparency, Accountability and Performance Excellence (TAPE).
He explained that while the Transparency component of the agenda is aimed at maintaining positive image, share values of integrity and transparency to all stakeholders, the Accountability leg of the campaign will assure compliance with business ethics, policies, regulations and accountability to all stakeholders.
In terms of the two-prong item of Performance Excellence, Kyari said the idea was to entrench a high level of efficiency anchored on efficient implementation of business processes which would also emplace an appropriate reward system for exceptional performance among the workforce.
Kyari said that under his watch, the NNPC would continue to give attention to safety and security of personnel and assets while creating a business environment that would be anchored on technology and innovation to improve efficiency which would ultimately create the desired outcome of strengthening the NNPC brand.
On the issues of domestic refining capacity, the NNPC GMD said the corporation would pursue the ongoing refinery rehabilitation exercise to a successful conclusion while deliberate efforts would be made to encourage the establishment of new private refineries to ensure that the country becomes a net exporter of refined petroleum products.
He said the corporation would sustain the ongoing exploration activities in the inland sedimentary basins to improve reserves, while pursuing a programme to grow NPDC, adding that reports from the exploration drilling in the Kolmani River in the Gongola Basin were very encouraging.
In terms of gas and power development, Kyari assured that NNPC would support stakeholders along the power value chain to improve generation and transmission which would naturally translate to improved power supply.
The GMD also called on the NNPC workforce to support his drive to put in place a governance structure to consolidate NNPC’s role as the central enabler of the Nigerian economy.
– July 24, 2019 @ 19:19 GMT |
Tags: NNPC to guarantee energy security for Nigeria
