Connect with us
Mele Kyari

Mele Kyari: A Trailblazer At NNPCL And His Audacious Milestones

More Videos

Published

on

Mele Kyari: A Trailblazer At NNPCL And His Audacious Milestones—-As the Group Managing Director of NNPCL, Mele Kyari is a trailblazing executive renowned for his unwavering commitment to excellence.

 

His impressive track record at NNPCL is a testament to his strategic prowess, transparency, and accountability. Despite facing numerous challenges, Kyari has successfully transformed NNPCL into a profitable and world-class organization, revolutionizing Nigeria’s oil and gas sector.

With a distinguished background in crude oil marketing, Kyari’s expertise has been instrumental in driving NNPCL’s success. Notably, in 2015, as Group General Manager of the Crude Oil Marketing Division, he skillfully managed federation entitlements, ensured national energy security, and optimized the Direct Sale of crude oil and Direct Purchase of petroleum products (DSDP) arrangement. Kyari’s remarkable leadership and achievements have significantly contributed to Nigeria’s economic growth and development.

Mele Kyari’s Leadership Excellence in the Oil and Gas Industry

As a prominent global player in the oil and gas sector, Mele Kyari’s role as Nigeria’s National Representative to OPEC since 2018 underscores his exceptional leadership and managerial expertise. Upon his appointment as Group Managing Director of NNPC in 2019, he was widely regarded as a model servant leader, inspiring and empowering others to deliver outstanding results.

Kyari has been a driving force behind transparency and accountability, championing the passage of the Petroleum Industry Act (PIA) 2021 and spearheading the transformation of NNPC into NNPC Limited. His achievements include introducing cost discipline, rehabilitating refineries, and promoting domestic gas utilization. Notably, under his leadership, NNPC has commenced novel LNG shipments to Japan and China, leveraging Nigeria’s abundant gas resources for national progress.

The ongoing implementation of CNG as a cleaner alternative fuel to PMS is a testament to Kyari’s vision for a sustainable energy future. His leadership has set unprecedented precedents in the public service sector, cementing his reputation as a trailblazing executive in the oil and gas industry.

NNPC’s Historic Profitability Under Kyari’s Leadership

Under Mele Kyari’s leadership, NNPC has achieved unprecedented financial success, declaring its first profit in 44 years in 2020 and sustaining profitability in subsequent years. The company has also excelled in transparency, consistently publishing audited financial statements.

The recently released 2023 audited financial statement showcases NNPC’s remarkable growth, with a net profit of N3.3 trillion, a N749 billion increase from the previous year. This follows a steady upward trend, from a loss of N803 billion in 2018 to profits of N287 billion in 2020 and N674.1 billion in 2021.

NNPC’s revenue surged to N24 trillion in 2023, up from N8.81 trillion in 2022, with the company declaring a dividend of N2.1 trillion to shareholders. This exceptional fiscal performance is a testament to Kyari’s strategic foresight and operational resilience.

Key factors contributing to this success include the Petroleum Industry Bill, which enhanced government revenue from Production Sharing Contract Arrangements and resolved disputes with International Oil Companies. Kyari’s exemplary leadership has had a profound impact on NNPC’s performance and reputation, cementing his legacy as a transformative leader in the oil and gas industry.

Mr. Kyari’s Commitment to Excellence Drives NNPCL’s Strategic Partnerships

Mele Kyari’s dedication to transparency, accountability, and performance excellence is further demonstrated by NNPCL’s plans to partner with reputable Operations and Maintenance companies to revamp the Warri and Kaduna Refining and Petrochemical Companies. This strategic move acknowledges the limitations of previous management under civil servants and seeks to inject expertise and efficiency into the refineries.

As a distinguished Fellow of various prestigious Institutes, including the Nigerian Association of Petroleum Explorationists (FNAPE) and the Nigerian Mining and Geosciences Society (FNMGS), Kyari has consistently showcased his competence and credibility. Under his leadership, Nigeria’s oil and gas future looks brighter than ever.

We urge all Nigerians to rally behind Kyari, offering support and encouragement as he builds on these remarkable achievements and propels NNPCL to even greater heights. With his vision and expertise, the country’s oil and gas sector is poised for unprecedented growth and success.

Opinion: Adebayo Afolabi

Adebayo Afolabi is a public commentator and writes from Lagos

Facebook 0 Twitter/X 0 LinkedIn0 WhatsApp0 0Shares
Continue Reading
Click to comment

Leave a ReplyCancel reply

Sports

BREAKING: Arsenal Defeat Chelsea 2-1 at Emirates to Extend Unbeaten Run

Published

on

BREAKING: Arsenal Defeat Chelsea 2-1 at Emirates to Extend Unbeaten Run—-The Gunners came from behind after Morgan Rogers’ early opener, with Kai Havertz and Martin Ødegaard completing a comeback victory to maintain Arsenal’s perfect start to the Premier League season.

Arsenal produced another statement performance at the Emirates Stadium on Sunday, coming from behind to defeat Chelsea 2-1 and maintain their perfect start to the Premier League campaign.

Chelsea stunned the home crowd after just 77 seconds, when Morgan Rogers fired Xabi Alonso’s side into an early lead. Arsenal, however, responded strongly and gradually took control of the contest.

Kai Havertz restored parity in the 25th minute against his former club, finishing Arsenal’s sustained pressure to make it 1-1 before the break.

The Gunners continued to dominate after the restart and completed the comeback through captain Martin Ødegaard, who struck early in the second half after Havertz’s clever movement helped create the opening.

Chelsea pushed desperately for an equaliser late on, but Arsenal goalkeeper David Raya produced a crucial save to deny Estêvão and preserve all three points for the hosts.

The victory means Arsenal remain on nine points from three matches, level with Manchester City at the top of the Premier League. Chelsea, meanwhile, suffer their first league defeat of the season and remain on six points.

For Mikel Arteta, the comeback further underlined Arsenal’s championship credentials. The reigning champions showed composure after conceding their first goal of the campaign and once again demonstrated their ability to respond under pressure.

Chelsea’s defeat will be frustrating for Alonso, particularly after his side made such a fast start. Despite their attacking threat, Arsenal’s control and defensive resilience ultimately proved decisive.

The result also extends Arsenal’s remarkable unbeaten run against Chelsea to 12 matches across all competitions, further strengthening the Gunners’ recent dominance in the London derby.

Facebook 0 Twitter/X 0 LinkedIn0 WhatsApp0 0Shares
Continue Reading

Sports

BREAKING: Manchester City Agree £125m Deal to Sign Enzo Fernández From Chelsea On Deadline Day

Published

on

BREAKING: Manchester City Agree £125m Deal to Sign Enzo Fernández From Chelsea On Deadline Day—-Cityzens have reached a British record-equalling agreement with Chelsea for the Argentina international on Deadline Day, with Fernández set to undergo his medical.

Manchester City have agreed a £125 million deal with Chelsea to sign Enzo Fernández in one of the biggest transfers of Deadline Day.

The agreement, reported by Sky Sports and other leading outlets, will see the Argentina international leave Stamford Bridge for the Etihad Stadium in a move that matches the British transfer record previously set by Liverpool’s £125m signing of Alexander Isak.

Fernández is expected to undergo his medical before completing the transfer, with City working against the clock to finalise the deal before the summer transfer window closes.

Maresca Reunites With Fernández

The move will see Fernández reunite with Enzo Maresca, who previously coached him at Chelsea and is now Manchester City’s manager.

Maresca is understood to have been a major driving force behind City’s pursuit of the midfielder as he looks to reshape his squad and strengthen the centre of midfield.

Fernández played an important role during Maresca’s time at Stamford Bridge, helping Chelsea win major silverware before the Italian manager’s move to Manchester.

Chelsea Accept Record Fee

Chelsea signed Fernández from Benfica in January 2023 for approximately £107 million, making him one of the most expensive players in Premier League history at the time.

Just over three years later, Chelsea have agreed to sell the 25-year-old for £125 million, representing a significant return on their original investment.

The Argentine had recently been left out of Chelsea’s squad for successive matches, increasing speculation that his Stamford Bridge future was coming to an end.

City Make Deadline-Day Statement

Manchester City had been pursuing Fernández for much of the summer, but negotiations intensified dramatically as the transfer deadline approached.

Chelsea had previously valued their midfielder at around £120 million and had initially expected him to remain at the club after an earlier deadline for bids passed without a formal offer. However, City’s interest never disappeared, and the two clubs eventually found an agreement on Deadline Day.

The final £125 million package now puts Fernández level with the British transfer record.

Fernández Begins New Chapter

For Fernández, the transfer brings an end to a turbulent period at Chelsea and opens a new chapter under a manager he already knows.

The World Cup-winning midfielder arrived in England with enormous expectations after starring for Argentina and Benfica.

At Manchester City, he will be expected to become a central figure in Maresca’s midfield and help the club compete on multiple fronts.

A Record-Breaking Transfer

The £125 million agreement places Fernández among the most expensive players in football history and makes the Deadline Day transfer one of the biggest stories of the summer window.

City are now racing to complete the remaining formalities, including the medical, before the deadline.

Facebook 0 Twitter/X 0 LinkedIn0 WhatsApp0 0Shares
Continue Reading

Trending

Facebook 0 Twitter/X 0 LinkedIn0 WhatsApp0 0Shares