Browsing: Mele Kyari

The Group Chief Executive Officer of the NNPC Limited, Mele Kyari, disclosed this on Wednesday in Abuja.

All by himself, the NNPC boss Mele Kyari, last week in what obviously could go as Nollywood film shooting field expedition told the world that Nigeria has discovered an illegal export pipeline connected from Forcados Terminal, one of its major oil export terminals into the sea. He also quickly added that the pipeline had been operating undetected for nine whopping years.

A report had put the daily volume of crude stolen at 250,000 barrels, said to be worth $700 million in the market.

The profit by NNPC Limited represented a growth of 134.84 per cent when compared with N287 billion profit in 2020.

Mele Kyari, Group Managing Director, NNPCL, said this at a meeting with Senate ad hoc committee on oil theft in Nigeria.

This is even as Senate Committee on Petroleum (Downstream) summoned the Group CEO Mele Kyari, to appear on Tuesday

The Group Chief Executive Officer of NNPC Limited, Malam Mele Kyari, said this on Wednesday in Abuja at a summit.

Mele Kyari, Group Chief Executive Officer of NNPCL, disclosed this at the State House Ministerial Briefing on Tuesday.

The development finalised negotiations on renewed PSC in line with the new provisions of the Petroleum Industry Act.

Malam Mele Kyari, Group Chief Executive Officer of NNPC Limited, made this known on Tuesday at a media chat.

Mele Kyari, Group Managing Director, Nigerian National Petroleum Company, confirmed the development on Wednesday

Kyari disclosed this to members of the House of Representatives Joint Committee on Petroleum Resources (Downstream).

The NNPC GMD spoke on Tuesday in Abuja before the committee set up by the Speaker of the House, Femi Gbajabiamila.

To address the twin issues, the government ordered the numerous vessels on the high seas involved in the booming trade to be bombed because all attempts to stop the theft failed.

This was made known by the Group Managing Director of the Nigerian National Petroleum Corporation Limited, Mele Kyari.

The audit queries issued by the office of the Auditor General of the Federation, over N663.89 billion was not remitted by NNPC into the Federation Account in 2019.

Kyari, in a statement, said the firm would comply with the committee’s requirement and remain accountable and transparent.

The allegation was contained in a letter dated March 4, 2022 and addressed to the GMD and CEO of NNPC Limited

The Nigeria National Petroleum Corporation Limited added that there was availability of 1.7 billion litres of petrol currently in stock.

News Agency of Nigeria (NAN) Correspondents who monitored the situation at In Abuja Saturday report that long queues were noticeable at fuel stations as early as 5 a.m.