Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari (right) with Mr. Hassan Bello, Chairman of the Nigerian Fleet Implementation Committee Committee at a meeting in the NNPC Towers, Abuja.
FeaturedHighlightNews From MDA'STop Story

NNPC GMD pledges support for indigenous fleet owners in the oil and gas maritime industry

310

 

The Nigerian National petroleum Corporation (NNPC) has pledged greater support for indigenous fleet owners to strengthen the synergy between the corporation and the private sector.

To this end, it assured of active participation in the oil and gas maritime business in Nigeria.

The Group Managing Director of NNPC, Mallam Mele Kyari, gave the assurance while playing host to members of the Nigerian Fleet Implementation Committee who paid a visit at the NNPC Towers, Abuja.

“We believe in this process, we will ensure that Nigerian ships enjoy a greater patronage in the business henceforth,” he said in a statement by Dr. Kennie Obateru, the Group General Manager, Group Public Affairs, emailed to Persecondnews.

The Chairman of the Committee, Mr Hassan Bello, said Nigeria was losing $1.9 billion to foreign ship owners annually while appealing to the GMD to encourage NNPC subsidiaries to always engage indigenous shipping companies in their businesses.

He urged the corporation to grant local shipping companies the right of first refusal in crude oil lifting contracts, saying it would help grow the economy and sustain their businesses.

Bello said the Committee was set up three years ago by the Federal Ministry of Transportation with a mandate to promote Nigerian ownership of ships and vessels.

He explained that it would also enable local companies to take control of the shipping business which is in line with the economic diversification policy of the Federal Government.

Leave a comment

Related Articles

Just in: Nigeria’s Green Chamber to observe February 13 as Murtala Mohammed Day

Exactly 49 years after his assassination, former Military Head of State, the...

Breaking: National Assembly passes 54.9trn 2025 budget

The National Assembly has approved a record-breaking N54.9 trillion federal government’s budget...

Edo gov. poll tribunal: APC closes case after calling four witnesses

The All Progressives Congress (APC) has closed its defence in the ongoing...

Flying Eagles Set for Tough Africa U20 Cup of Nations Campaign

Seven-time winners, Nigeria, face a tough test after being drawn into Group...

Court strikes out Police’s defamation suit against Farotimi

Chief Magistrate Abayomi Adeosun of the Ekiti State Chief Magistrates’ Court, Ado...

Grammy-Winning Artist Tems Makes History as First Nigerian Co-Owner of US Soccer Club

Grammy-winning Nigerian singer Temilade Openiyi a.k.a Tems, has joined MLS side San...

MTN Nigeria reverses 200% data bundle tariff hike, says It’s mistake

Nigeria’s telecommunications giant, MTN, has reversed its 15G data plan 200 percent...

FBN Holdings Transitions to First HoldCo Plc, Unveils New Identity

FBN Holdings Plc has officially announced its transition to First HoldCo Plc,...

Southwest Governors Converge on Lagos for Talks on Regional Development, Security

Governors Seyi Makinde (Oyo) Biodun Oyebanji (Ekiti), Lucky Aiyedatiwa (Ondo), Dapo Abiodun...

FG halts registration of new polytechnic, monotechnic for one year

In a move aimed at reforming Nigeria’s tertiary education system, the Minister...

Air Peace Flight Incident: Three Passengers Taken Into Custody for Disorderly Conduct

A mid-air incident on an Air Peace flight from London to Lagos...

Hours after national grid failure, TCN restores Omotosho-Ikeja West line

The Transmission Company of Nigeria (TCN) says it has restored the Omotosho-Ikeja...

NNPC, Afreximbank Collaborate to Establish World-Class African Medical Centre of Excellence in Abuja

The Nigerian National Petroleum Company Limited (NNPC Ltd) has partnered with the...

Nigeria’s oil production surges 4% to 1.737mbpd in January, says NUPRC

Nigeria’s oil output, including condensate, increased by 4 percent to 1.737 million...

Tony Elumelu’s Foundation Signs $6m Agreement to Empower Young African Entrepreneurs

The Tony Elumelu’s Foundation has signed a landmark $6 million agreement with...

Asake’s New Single ‘Yoga’ Sets the Internet Buzzing

Asake, the Afrobeats phenomenon, has made waves in the music industry again...

Nigeria Partners Google to Harness AI for Digital Economic Growth

Nigeria is exploring a strategic partnership with Google to advance artificial intelligence...

Messy Merseyside Derby Ends in Brawl with Four Red Cards

The final Merseyside derby at Goodison Park will be remembered for its...

MTN raises data prices, see the full list

MTN Nigeria, a leading telecommunications provider, has raised its data prices, sparking...

Japan, Nigeria Collaborate on Port Efficiency, Renewable Energy

The Nigerian Ports Authority (NPA) has taken a significant step towards improving...