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NNPC Remains Largest Gas Supplier to Power Sector – GMD

The Nigerian National Petroleum Corporation (NNPC) has maintained its lead as the largest supplier of gas to the nation’s power sector, the NNPC Group Managing Director, Dr. Maikanti Baru, has declared.

Dr. Baru, who made this disclosure during the inauguration, today, of a compendium produced by the Corporate Services Directorate of the NNPC in Abuja, attributed the feat to the effective management strategy adopted by the current leadership of the corporation.

A release by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, said the GMD stated that NNPC was on the part of sustainable growth with a number of critical projects that would impact the Industry value chain.

He expressed satisfaction at the level of achievements recorded through the 12 Business Focus Areas (BUFA), a strategy guide adopted by NNPC Management under his purview, noting that the expected results of today’s effort would surpass current milestones.

“NPDC production has grown in leaps and bounds; NNPC is now the largest gas supplier to the power sector and steady progress is being made on frontier exploration with the spud-in of Kolmani River-II Well.”.

The GMD said with the taming of security challenges and the commencement of the rehabilitation of the refineries and pipeline depots across the country, the corporation was on the right track to continue to add value to the national economy.

“Security challenges that had hampered exploration and production activities have been tamed; new business models have been developed across NNPC businesses, leading to phenomenal boosts in productivity and lessening of cash calls burden on government, achieved through alternative funding arrangements we developed”, he said.

In his address at the occasion, Chief Operating Officer, Corporate Services, Malam Isa Inuwa, who retired from the services of the corporation statutorily today, stated that the compendium on the activities and achievements of his Directorate was to document history and processes that will serve as a guide to management.

“We are about deploying frameworks and policies that will enable any management that is in place to get NNPC to a growth trajectory. From our ISOs, to the building of the best IT platforms we embarked upon, we are poised to the future just as we are relevant today”.

He said under his watch as the COO, NNPC’s Corporate Services Directorate had moved from money spending perspective to a value creating arm of the corporation.

Malam Isa also expressed delight that his leadership of the CS Directorate produced quality documents that had enabled the NNPC management to achieve strategic goals of the corporation.

The immediate past governor of Imo state, Rochas Okorocha, has released a statement to address the alleged invasion and looting of his daughter's shop by men of the Recovery of Moveable Assets Committee constituted by the Emeka Ihedioha administration. The Guardian reports that Okorocha alleged that the attack was unleashed 48 hours after the chairman of the committee, Jasper Ndubuaku, had claimed in a press conference that Okorocha and his wife carted away state government property worth about N50billion. In a statement signed by Okorocha's media aide, Sam Onwuemeodo, Okorocha claimed that the 'armed thugs' did not only loot his daughter's shop but other shops in the complex were looted as well. READ ALSO: Forget your 2023 presidential ambition - Ohanaeze tells Tinubu The statement read in part: “The armed thugs not only looted her shop, but looted other shops at the complex belonging to other people. And aside making away with cash, they looted goods worth millions of naira. “They also attacked all the inmates in that complex and made merry with the drinks in the shops at the complex. They threatened to kill anybody who would bring out his or her phone to video the rampage. “They left with their loots in buses and also took away a bus belonging to Reach FM Radio parked at the premises. One of the female staff at Mrs. Nwosu’s shop, who told them to allow her take inventory of all they were carrying away, was pushed down and she hit her head on the floor. “The truth is that these elements are not recovering any property…if they were really serious with the recovery of government properties, they would not have been afraid or reluctant to publish the particulars of the 67 vehicles and details of the N50billion they claimed the former governor and his wife left with?” PAY ATTENTION: Read the news on Nigeria’s #1 news app Meanwhile, earlier reported that no fewer than six workers of the shopping mall were wounded in the invasion. Property and merchandise were also carted away during the invasion that was supervised by the state committee on recovery of government property. ( -> Same great journalism, upgraded for better service! Why Governors Steal? Rochas Okorocha of Imo State | Legit TV: Read more:

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