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Low oil fortunes: FG creates centre to cut cost

The inauguration of the NOGEC came at a time Nigeria and the rest of the world are raising concerns over depleting oil revenue and the breakthrough in alternative forms of energy, including renewable and solar energy.
To underscore the damage done to the Nigerian economy which is heavily reliant on oil, Nigeria’s Finance Minister, Mrs Zainab Ahmed, in May 2020, announced that the national revenue target fell by N125.52 billion in the first quarter of 2020 to N940.91bn.
The Group Managing Director of NNPC, Mallam Mele Kyari, hinted at this paradigm shift when in December 2020, at the Central Bank of Nigeria (CBN) roundtable session, he said NNPC was putting measures in place to reduce the cost of crude oil production to create market for the country’s crude. ....

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Kyari Commends Buhari's Non-Interference in NNPC Operations

By Emmanuel Addeh
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari for giving the corporationâs management free-hand to deliver on its mandate, saying that he remains the only president that has never interfered in the operations of the Corporation.
Mallam Kyari stated this on Monday in Sokoto while delivering the Usmanu Danfodiyo Universityâs 2021 First Quarter Public Lecture Series titled, âNavigating Energy Transition and the Imperatives of University-Industry Collaboration.â
He said the current crop of NNPC Management was so privileged to have a President who never interfered in what the NNPC does as a Corporation. ....

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Kyari commends President Buhari's non-interference in NNPC…Tasks govts, institutions on Technology, Innovation

Kyari commends President Buhari's non-interference in NNPC…Tasks govts, institutions on Technology, Innovation
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Buhari doesn't interfere in NNPC like predecessors - Kyari

Kyari said Buhari remains the only president that has never interfered in the operations of the corporation.
“That is very unprecedented, and it has gone a long way to help us deliver on our mandate, especially the drive towards domestic gas utilization.”
He spoke in Sokoto while delivering the Usmanu Danfodiyo University 2021 First Quarter Public Lecture Series titled, “Navigating Energy Transition and the Imperatives of University-Industry Collaboration
The GMD tasked governments and institutions in Africa to adopt technology and innovation to achieve energy sufficiency and its economic multiplier effect on their people.
“African governments and institutions must rise to the occasion to leverage technology and innovation to support energy sufficiency, industrialization, job creation and economic growth,” Kyari said. ....

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Buhari only President not to interfere in NNPC operations, Kyari claims

Buhari only President not to interfere in NNPC operations, Kyari claims
On
By Obas Esiedesa
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has singled out President Muhammadu Buhari for praise, claiming that he is the only president not to have interfered in the running of the corporation.
Kyari, in a statement on Tuesday by NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, said the current management “was so privileged to have a President who never interfered in what the NNPC does as a corporation”.
He spoke in Sokoto while delivering the Usman Danfodiyo University’s 2021 First Quarter Public Lecture Series titled, “Navigating Energy Transition and the Imperatives of University-Industry Collaboration.” ....

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