NNPC under Kyari’s helmsmanship has been transformed, says PPRAC

Per Second NewsNovember 8, 2021376

The Public Policy Research & Analysis Centre (PPRAC) has lauded the GMD/CEO of NNPC Ltd, Mallam Mele Kyari with the Zik Leadership Award for turning around the fortunes of the company from loss to a profit- making venture.

PPRAC gave the commendation while conferring its “2020 Zik Prize for Public Service Leadership’’ on Kyari at the Eko Hotel and Suites, Lagos, at the weekend.

Persecondnews reports that the well-attended event was also witnessed by the Emir of Kano, Alh. Aminu Ado Bayero; Emir of Lafia, Justice Sidi Bage (rtd) and several other dignitaries.

High point of the event was the presentation of the award on Kyari by Kebbi State Governor Abubakar Atiku Bagudu.

Speaking on behalf of the Centre, Chief Mac Wabara said Mallam Kyari was recognized following his distinguished leadership role and sterling achievements in the NNPC which are all evident through the various reforms he instituted at the corporation (now company) through transparency and accountability.

He said: “Mele Kyari continues to seamlessly transform the operations of NNPC, including deepening domestic gas utilization, rehabilitation of the nation’s refineries and public disclosure of NNPC accounts, the first in NNPC’s 44 years of existence.”

He said Kyari’s greatest achievement, no doubt, was turning around the fortunes of the NNPC, from a loss of position into a profit-making entity.

“Under Kyari’s watch at the NNPC, the company declared a profit after tax of N287bn in 2020 after losses were reduced from N803bn in 2018 to N1.7bn in 2019. This is unprecedented in the history of the NNPC,” Wabara said.

He pointed out that Mallam Kyari also consistently played a huge role in the enactment of the Petroleum Industry Act (PIA), stressing that with the coming of the legislation, the NNPC is now well-positioned to operate efficiently like its global peers.

Responding, Mallam Kyari said in the last two years, the NNPC has automated its processes and systems; reduced its costs of operations and focused on delivering value to Nigerians, in line with his Management vision of Transparency, Accountability and Performance Excellence (TAPE).

“The enactment of the Petroleum Industry Act (PIA) has placed huge responsibility on the NNPC to do things differently and be much more accountable to its shareholders, the over 200 million Nigerians,” he said in a statement by Mr Garba Deen Muhammad, the Group General Manager, Group Public Affairs Division and emailed toPersecondnews.com.

He said the Zik Leadership award will spur him and his management team to work harder towards becoming an international national oil company that is at par with its global peers.

Other recipients of the prestigious Zik Leadership Award include the Lagos State Governor Babajide Sanwo-Olu; Nasarawa State Governor, Engr. Abdullahi Sule; former Secretary to the Government of the Federation, Chief Anyim Pius Anyim; Minister of State for Health, Senator Olorunimbe Mamora; Director-General and CEO of the Nigerian Maritime and Safety Agency (NIMASA), Dr. Bashir Jamo and MD/CEO of the Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji.

Established in 1994 by the PPRAC and now in its 26th edition, the Zik Prize in Leadership is aimed at highlighting Dr. Nnamdi Azikiwe’s legacy of patriotic fervor and nationalist vision.