Stakeholders in the oil and gas sector have lauded the reappointment of Malam Mele Kyari, as the head of the National Petroleum Company Ltd. (NNPCL). The accolades, shared in interviews with the News Agency of Nigeria, emphasize the importance of implementing the gas policy.
Following President Bola Tinubu’s decision to extend Kyari’s tenure as the group chief executive officer (GCEO) of NNPCL, there are calls for focused efforts on refinery optimization. Former NAPE president, Mr Ajibola Oyebamiji, encourages Kyari to enhance production, execute the gas policy, provide incentives for gas exploration, and promote local gas utilization.
Dr Emeka Akabogu, Executive Vice Chairman, OTL Africa Downstream, sees Kyari’s reappointment as a strategic move during NNPCL’s transition to full private sector operations. Expectations include consolidating a robust national oil company, fostering competition adherence, and positioning NNPCL as a formidable player in the domestic and international downstream value chain.
The newly – appointed NNPCL board, led by Chief Pius Akinyelure, encompasses key figures such as Alhaji Umar Ajiya, Chief Financial Officer, and Mr Ledum Mitee, Non-Executive Director, among others, signaling a new phase for the company effective December 1.
