Connect with us

Oil & Gas

Kyari tasks new PPMC board on energy sufficiency

Published

on

Kyari tasks new PPMC board on energy sufficiency

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has charged the newly reconstituted Board of the Petroleum Products Marketing Company (PPMC) to sustain an all-season availability of products across the country.


Kyari made the call in a statement signed by the corporation’s spokesman Dr Kennie Obateru, in Abuja, on Friday.

Kyari spoke while inaugurating the new board of the corporation’s downstream subsidiary at the NNPC Towers.

He said that PPMC was a vital asset critical to the delivery of the corporation’s constitutional responsibility of energy sufficiency to the nation.

“The PPMC is the live wire of our country’s energy supply system.

“It is not just a business, but a major strategic asset of this corporation operating in line with the provisions of the laws of the country which says that NNPC must guarantee energy sufficiency for this country,” he said.

He urged members of the new board to guide the company’s management in deepening its focus on commerciality for greater value addition to the shareholders.

He said the company had huge potential that could help it overcome the challenges posed by the current COVID-19 pandemic and oil price fluctuations.

He noted that its network of structure and competence for handling efficient products distribution nationwide were second to none in the country.

He commended the Management of PPMC for the recent encouraging performance as reported in the audited financial statement and urged the team to improve on it.

In his remarks, the Managing Director of PPMC, Mr Musa Lawan, said that the company under his watch would continue to focus on profitability and efficiency in marketing refined petroleum products.

He emphasised that energy security would continue to be a top priority as the company continues on the path of automation of its services.

The reconstituted board of PPMC is made up of the NNPC Group Managing Director, Malam Mele Kyari, as Chairman; Chief Operating Officer, Downstream, Ms Lawrencia Ndupu, as Alternate Chairman and Mr Ibrahim Bello, as Secretary.

Also,Chief Operating Officer, Upstream, Mr Adokiye Tombomieye; and Managing Director of PPMC, Mr Musa Lawan.

Others members are Group General Manager, Corporate Planning & Strategy, Mrs Oritsemeyiwa Eyesan; Group General Manager, Accounts, Isiaku Abdullahi; Executive Director, Shared Services, PPMC, Mr Kola Otitonaiye and Executive Director, Commercial, PPMC, Mr Naheem Adio.

Edited By: Emmanuel Okara/Wale Ojetimi (NAN)

Edith Ike-eboh: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

NEMA warns of likely flooding in 28 states, 102 local governments Trader arraigned on alleged theft of laptop, cell phones Minister appeals to NASS for improved budget for physical planning in FCT Rotary Governor tasks members on impactful projects for underprivileged Kwara community hands over upgraded NSCDC outpost, donates patrol vehicle Soil Science Institute partners ministry to enhance food production Tricycle rider docked over alleged phone theft Woman in court for allegedly misappropriating N144, 740 Gov. Okowa felicitates Obiano at 65 NLC urges Air Peace, others to reinstate sacked workers within 2 weeks Court dissolves 13-year-old marriage as wife starves husband of sex COVID-19: Mobile court convicts 39 defaulters for violating protocols in Edo LASUTH Medicine Dept donates scrubs to doctors Ganduje wants partnership with FG to boost gold trade Nigerian Shippers’ Council donates medical items to Ilorin General Hospital Insecurity: Gov Bagudu urges traditional rulers to support community policing Businessman in court over alleged N1.4m fraud Buhari meets Edo APC Gubernatorial Candidate,Ize Iyamu at Aso Villa Oil slips below $45 on-demand concerns, set for weekly rise Mauritius facing environmental crisis after oil spill Sumo wrestler’s retirement offer rejected in spite of breaking COVID-19 rules Court remands man for allegedly defiling 13-year-old Quail meat, an antidote for hypertension-Scientist Russia’s coronavirus vaccine undergoes final testing phase DPR seals 8 stations over unsafe practice in Akwa Ibom Malaysia’s ex-finance minister hit with kickback charge, wife arrested Alleged rape: Court remands man pending legal advice Africa’s COVID-19 cases hit 1m, with South Africa worst-hit LASG directs JSS 3 students to resume Monday FG to encourage more private/public partnership to boost domestic gas Flood wrecks havoc in Kafanchan NNL 2020/21: Gov. Makinde sets promotion target for 3SC New South Wales offers to host Australian Open as Melbourne battles COVID-19 spike It’s tough to stay focused at spectator-free events, golfer says NGF pledges to provide support for performance assessment of states Oyo agriculture college chairman pledges commitment to institution’s growth NCDC confirms 354 new COVID-19 cases as total hits 45,244 Gov. Bagudu sets up committee to refund Hajj deposits to pilgrims Gov. Bagudu distributes CACOVID food, relief materials to 38,047 households COVID-19: Osun Govt warns against indiscriminate decontamination, fumigation FG launches distribution of agricultural inputs in Cross River COVID-19: Ooni urges Africans to contribute to global development NSCDC pledges maximum support to Amotekun in Oyo state FG to pay June hazard allowance of medical workers from Aug. 10 Northern Governors condemn attacks in Southern Kaduna NAFDAC advises careful examination of products before buying Ooni tasks govt on food security as Ife celebrate yam festival Insecurity: CSOs call FG to intensify effort to allow farmers access farmlands COVID 19: Foundation begins online medical intervention COVID-19: PTF reverts govt working hours to 8a.m. to 4p.m. for GL 12 upward