Kyari: NNPC’s recruitment policy favours all Nigerians

The Nigerian National Petroleum Corporation (NNPC) has declared that it complied with the provisions of the law and Federal Government’s policy and regulations to include every segment of the Nigerian society in its recruitment policy. Group Managing Director of the Corporation, Mele Kyari, made this assertion during the visit of the Acting Executive Chairman of the Federal Character Commission, Ambassador Abdullahi H. Shinkafi, to NNPC Towers in Abuja, yesterday. Speaking on the Corporation’s alignment and compliance with the tenets of the Federal Character policy, Kyari, who described NNPC as a…

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Petrol subsidy conundrum, crude prices and comatose refineries

…Daily subsidy hits N1.2bn in December   As at December 2019, the actual amount spent by the Federal Government on petrol subsidy which is believed to be by far at variance with the appropriated N306 billion ($1billion); remained uncertain. PAUL OGBUOKIRI reports that going by the unconfirmed reports that over N1.5 trillion would have been spent last year, most of the expected revenue this year would go into oil subsidy     Petrol import bill hits N1.13trn in 9 months With the increasing oil subsidy, the country is believed to…

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Man butchers lover, sells each part to herbalists, clerics for N1000

Policemen attached to the Inspector- General of Police Special Intelligence Response Team (IRT) have arrested an herbalist, who killed his lover and sold her body parts to different herbalists, Muslim clerics and pastors for ritual at the rate of N1000 per part. The policemen led by a Deputy Commissioner of Police, Mr Abba Kyari, have arrested 13 herbalists so far involved the butchering and selling of the victim’s body parts, while so many others are still at large. Our reporter gathered that the tracking and eventual arrest of the suspects…

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NNPC to achieve 40m barrels of oil reserves by 2023 – Kyari

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Melee Kolo Kyari, has said that the corporation was working towards achieving the target of 40 million barrels of oil reserves before the end of 2023. He also said the nation was about reaching its oil production of 3 million barrels per day, disclosing that 2.8 million barrels per day was achieved last week. Kyari, who made this disclosure at an interactive meeting with the House of Representatives Committee on Petroleum (upstream) led by Hon. Musa Sarki Adar (APC,…

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Saipem, Chiyoda, Daewoo win $10bn NLNG Train-7 bid

NNPC insists on October date for decision on gas plant A joint venture consortium comprising Saipem, Chiyoda and Daewoo (SCD) yesterday emerged the preferred bidder for the $10 billion Nigeria Liquefied Natural Gas (NLNG) Train 7 project. This came as the Nigerian National Petroleum Corporation (NNPC) insisted on the October target for the final investment decision on the gas mega plant. The SCD consortium, the NLNG said, would be undertaking the engineering, procurement and construction project for the Train 7 project. The gas giant announced the consortium in Abuja at the…

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Corruption: NNPC threatens to sack 1,050 depot staff

…says days of profiteering, under-hand dealings over   The Nigerian National Petroleum Corporation (NNPC) has threatened staff from its 21 depots across the country with sack “without hesitation,” over lack of transparency and accountability. Each of the 21 depots, checks by New Telegraph showed, has an average of 50 staff. Group Managing Director of NNPC, Mele Kyari, who yesterday confirmed that there were “under-hand dealings associated with the depots operations in the past,” told Depot and Area Managers of the Nigerian Pipelines and Storage Company (NPSC) as well as field…

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NNPC GMD, DPR director to highlight threats to oil, gas growth at confab

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, is to lead other team of discussants to x-ray topical issues in oil and gas industry at the 2019 edition of the Association of Energy Correspondents of Nigeria (NAEC) annual conference. The event is expected to play host to Managing Directors of International Oil Companies (IOCs) and their indigenous counterparts. Also expected are the Chief Executive Officers (CEOs) in the power sector value-chain. Kyari, who had committed to attend the event in person when he…

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NNPC: Pitfalls for Kyari

The new Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kolo Kyari, takes over the mantle of leadership at a time the Corporation  is faced with myriads of issues. Adeola Yusuf sets agenda for the new helmsman   The public affairs section of NNPC had, in less than a week after the emergence of Mallam Mele Kolo Kyari as the 19th Group Managing Director of the Corporation, being thrown into image crisis management caused by alleged utterances of the new helmsman. Kyari was, during his appearance before the…

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40bn barrels oil reserves: Kyari fast-tracts deadline to 2023

The new Group Managing Director, Nigerian National Petroleum Corporation (NNPC), last weekend, differed with position of his predecessor on deadlines for 40 billion barrels oil reserves target. While Baru posited that NNPC would meet the target by 2025, Kyari, in a statement from the Corporation, fast – tracked the target to 2023. The new GMD, a statement by NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, noted, said this at a valedictory session for Dr. Baru, where Kyari took over the reins of management as the 19th…

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Kyari: Buhari doesn’t seek favour from NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, yesterday,  said since his inauguration in 2015, President Muhammadu Buhari has never sought any favour from the agency. This was as the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu,  said that the anti-graft agency was battling powerful forces in the polity. Kyari, who was appointed the NNPc’s GMD a few weeks ago, noted that the corporation was committed to Open Government Partnership. Kyari stated this at a Roundtable Discussion to…

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