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NNPC, Shell Donate 10 Solar Power Water Projects to Communities in Borno

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NNPC, Shell

The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCO) have donated 10 solar powered boreholes and 16 VIP latrines to some communities in seven LGAs in Borno.

Speaking at the formal handover ceremony of the projects in Maiduguri on Wednesday, Borno Deputy Governor, Alhaji Umar Kadafur, lauded NNPC/ SNEPCO for the intervention.

He said it would impact positively on the lives of the benefitting communities.

Kadafur, whose speech was read by Alhaji Mohammed Wanori, the Commissioner for Inter-Governmental Affairs, said the intervention was in line with the administration’s policy of restoration of livelihood in communities worst affected by decade-long insurgency.

“This administration places a high premium on the adage which says ‘water is life’ and, therefore, has placed the issue of providing portable water for human and animal consumption among its 10-point agenda.

“On behalf of the people of Borno state we remain appreciative for this uncommon intervention as part of your corporate social responsibility.

“This will certainly go a long way in addressing water scarcity being experienced in the selected communities.

“Therefore, this intervention is quite commendable and should be sustained for the benefit of the people of Borno State,” Kadafur said.

While assuring sustainability of the projects, Kadafur urged benefiting communities to ensure maximum utilisation of the facilities.

Speaking earlier, the Project Manager, Alhaji Ibrahim Ringim, said the projects comprised 10 hybrid solar boreholes and 16 VIP latrines that are user friendly for people living with disabilities.

He said that they were executed in seven LGAs across the three Senatorial Zones of the state.

“A provision is also made for laundry areas for women and children.

“Message from the sponsors (NNPC/SNEPCO) is that there should be sustainability for maximum utilisation of the facilities,” Ringim said.

The Chairman of Gubio LGA, Alhaji Mali Gubio, and General Manager of Ruwassa in Borno, Mr Mohammed Aliyu, on behalf of benefiting LGAs and communities, thanked the donors for the gesture.

They lauded the intervention and assured their commitment for its protection and maintenance.

In their respective virtual messages to the occasion, representative of NNPC, Aliyu Jafaru, and that of SNEPCO, Alice Aji, said the joint projects were part of their corporate support to communities in Borno and other states across Nigeria.

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Fuel Supply: Do Not Panic, NNPC Urged

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FUEL SUPPLY: PLEASE DO NOT PANIC

FUEL SUPPLY: PLEASE DO NOT PANIC

The Nigerian National Petroleum Corporation (NNPC) Limited has called on motorists to avoid engaging in panic buying of petroleum products assuring that there is enough stock to serve the country all through the festive season and beyond.

NNPC made this known in a statement issued by Garba Deen Muhammad, its Group General Manager, Group Public Affairs Division on Monday.

The clarification may not be unconnected to the growing queues in various filling stations in parts of the Federal Capital Territory (FCT) following speculations of the possible scarcity of products as the yuletide season is fast approaching.

The general public is hereby advised not to engage in panic buying Premium Motor Spirit, more commonly known as petrol.

The NNPC has over 1.7 billion litres of petrol in stock and more product is expected to arrive in the country daily over the coming weeks and months.

It is, therefore, unnecessary to entertain any fear of scarcity of petrol throughout the festive season and beyond.

The NNPC is also not aware of any plan by the government to cause an increase in the pump price of petroleum. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has made that declaration last week.

In view of these assurances, therefore, the NNPC is advising motorists and other consumers of petrol to maintain their regular pattern of the purchase of petrol without getting into a panic situation that may send the wrong signals around the country.

The NNPC is also engaging all stakeholders to ensure the smooth supply and distribution of products to every part of the country during the festive season and beyond.

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Mele Kyari Has Transformed NNPC, Says PPRAC

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Mele Kyari Has Transformed NNPC, Says PPRAC

…As GMD Wins 2020 Zik Leadership Award
 
The Group Managing Director/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 Mele 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 a 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.
 

Mele Kyari Has Transformed NNPC, Says PPRAC
Mallam Mele Kyari, GMD/CEO NNPC.

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Energy

Seplat Energy’s Subsidiary, Westport Oil Raises $50m Offtake Facility

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Seplat Energy’s subsidiary, Westport Oil raises $50m offtake facility

Olushola Okunlade Writes

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited.

The London Stock Exchange has announced that its wholly owned subsidiary, Westport Oil Limited, has successfully raised a US$50 million offtake linked reserved based lending facility due April 2027.

In a note at the Nigerian Exchange, Seplat said the offtake facility is subordinated to the US$110 million senior reserve based lending facility.

“The offtake facility carries initial interest of Libor + 10.5% payable semi-annually and is scheduled to commence repayment from March 2023,” the note said.

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