Sign in
  • Home
  • Food
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Logo
Friday, December 1, 2023
Facebook
Instagram
Twitter
Youtube
Logo
  • Home
  • About us
  • Contact US
  • Advert Rate
  • Privacy Policy
  • Terms & Conditions
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
Home Metro Kyari has transformed NNPC, says PPRAC
  • Metro

Kyari has transformed NNPC, says PPRAC

By
Usman Kadri
-
November 8, 2021
Facebook
Twitter
Pinterest
WhatsApp
    Kyari has transformed NNPC, says PPRAC
    Mallam Mele Kyari

    …as GMD wins 2020 Zik Leadership Award
     

    GMD/CEO of NNPC Ltd, Mallam Mele Kyari has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit- making venture.

    The Public Policy Research & Analysis Centre (PPRAC) gave this commendation while conferring its “2020 Zik Prize for Public Service Leadership’’ on the GMD, at the Eko Hotel, Lagos, at the weekend.

    At a well-attended event also witnessed by the Emir of Kano, Alh. Aminu Ado Bayero; Emir of Lafia, Justice Sidi Bage (rtd) and several other dignitaries, Kyari received the latest recognition from the 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 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 added that 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 stated.

    He further explained 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 & Performance Excellence (TAPE).

    He added that 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 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.

    Facebook
    Twitter
    Pinterest
    WhatsApp
      Previous articleIkoyi Collapsed Building: Lagos Assembly wants compensation for bereaved families
      Next articleCitadel Views Estate to provide constant, affordable power via solar
      Usman Kadri

      RELATED ARTICLESMORE FROM AUTHOR

      EFCC withdraws money laundering charges against Olasupo Shasore

      EFCC withdraws money laundering charges against Olasupo Shasore

      Police invite Mr Ibu’s sons, adopted daughter over ‘N300m donations’

      Police invite Mr Ibu’s sons, adopted daughter over ‘N300m donations’

      N200bn OmegaPro scam: Why top Nigerian MLM Diamonds should refund commissions -Ope Banwo

      More Articles...

      EFCC withdraws money laundering charges against Olasupo Shasore

      EFCC withdraws money laundering charges against Olasupo Shasore

      November 30, 2023
      Obaseki: Party members will determine Shaibu’s fate, not me

      Obaseki: Party members will determine Shaibu’s fate, not me

      November 30, 2023
      Fidelity Bank Plc Signs the UN Principles for Responsible Banking

      Fidelity Bank plc signs the UN Principles for Responsible Banking

      November 30, 2023
      Umahi unveils FG's plan to rehabilitate, construct Federal roads in Kogi, congratulates Ododo on election victory

      Umahi unveils FG’s plan to rehabilitate, construct Federal roads in Kogi,...

      November 30, 2023
      Access Bank PLC hosts grand launch of ‘Wisdom and Integrity

      Access Bank PLC hosts grand launch of ‘Wisdom and Integrity

      November 29, 2023
      Logo
      Facebook
      Instagram
      Twitter
      Youtube
      • Home
      • About us
      • Contact US
      • Advert Rate
      • Privacy Policy
      • Terms & Conditions

      Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

      Latest

      EFCC withdraws money laundering charges against Olasupo Shasore

      Metro November 30, 2023 0
      The Economic and Financial Crimes Commission has discontinued its...

      Obaseki: Party members will determine Shaibu’s fate, not me

      Politics November 30, 2023 0
      Edo State Governor, Godwin Obaseki, has said that he...

      Fidelity Bank plc signs the UN Principles for Responsible Banking

      Business November 30, 2023 0
      Fidelity Bank Plc has become an official signatory of...

      Umahi unveils FG’s plan to rehabilitate, construct Federal roads in Kogi, congratulates Ododo on election victory

      News November 30, 2023 0
      The Hon. Minister of Works, Engr Dave Umahi, has...

      Access Bank PLC hosts grand launch of ‘Wisdom and Integrity

      Business November 29, 2023 0
      ...the legacy of Honourable Justice Amina Adamu Augie JSC...

      Raising NPFL visibility through multiple live broadcasts

      Opinion November 29, 2023 0
      By Harry Iwuala A couple of months ago, what is...

      BREAKING: Tinubu present N27trn 2024 budget

      News November 29, 2023 0
      President Bola Tinubu has arrived at the national assembly...

      Sitemap

      • News
      • Food

      Copyright © Themomentng.com. All Rights Reserved.