Oil & Gas

Kyari vows greater transparency, accountability as GMD NNPC

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The new Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has vowed to continuously entrench Transparency, Accountability, and Performance Excellence across all NNPC operations.

He further promised to put the necessary structures in place to ensure compliance with these principles.

He disclosed that a new way of reporting its activities will be better aligned with its corporate reorganization and offer more insight into its business.

Kyari, who stated this on Monday at the Valedictory ceremony for the outgoing GMD, Dr. Maikanti Kacalla Baru, further promised that under his leadership, NNPC will strive to be a more credible, competent and accountable institution that manages the oil resources on behalf of the citizens of Nigeria, in accordance with its mandate and the core persuasions of President Muhammadu Buhari.

According to Kyari, for NNPC to maintain positive image, more transparency, shared values of integrity and professionalism must permeate every level of the Corporation.

He said: “I would like to start by thanking His Excellency President Muhammadu Buhari, President and Commander in Chief of the Armed Forces of the Federal Republic of Nigeria, for entrusting me with this enormous task of leading NNPC.

Furthermore, I want to express my sincere appreciation to my immediate predecessor, GMD Emeritus, Dr. Maikanti Kacalla Baru. We are proud of the laudable achievements and the accolades Dr. Baru brought to NNPC over the last three years of his stewardship.

It is our aspiration to continue on this journey to consolidate these achievements and take NNPC to the Next Level.

Going forward, we will seek to continuously entrench Transparency, Accountability, and Performance Excellence across all NNPC operations, and we will put the necessary structures in place to ensure compliance with these principles.”

Further speaking, he revealed that in next couple of weeks, the COOs will join him to unveil the NNPC Roadmap towards Global Excellence.

The new GMD NNPC, added that the roadmap will guide the corporation’s aspirations to achieve sustained outstanding performance to meet the short and long term growth objectives of the Corporation.

Kyari: “We will continue to adopt technology and Innovation to refine our business processes in line with best industry practice, improve efficiency, block leakages and create desirable outcomes that will strengthen the NNPC brand.

To build this brand, there is need to improve the synergy of teams and commitment to business objectives towards a unified enterprise view.

It is painful that nearly all our petroleum products requirements are imported despite the existence of our three refineries, and the numerous attempts by successive governments to encourage the establishment of private refineries. This has to stop.

We will see to the successful completion of the ongoing rehabilitation of our refineries within record time. We will further encourage the establishment of private refineries either as independents or in some form of Public Private Collaboration.

“This we believe will help in making our Nation a net exporter of petroleum products within the life of this administration.”

He also promised to continue with the revamping and rehabilitation of all downstream infrastructure particularly NNPC pipeline network which has been subject of persistent attacks by vandals.

He stated: “As a matter of responsibility, the NNPC will continue to ensure availability of petroleum products to our citizens despite the huge challenges associated with this task.

“NNPC will seek to exploit the untapped opportunities in Renewable energy value chain to promote investment diversification in clean energy. This aims at transforming the corporation from Oil and Gas entity to an Energy Corporation.”

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