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 0 LinkedIn WhatsApp 0Shares
Continue Reading
Click to comment

Leave a ReplyCancel reply

Sports

Tottenham Agree Club-Record £100m Deal for Sandro Tonali From Newcastle United

Published

on

Tottenham Agree Club-Record £100m Deal for Sandro Tonali From Newcastle United—-Spurs have reached an agreement with Newcastle United for the Italy international, with Roberto De Zerbi landing his top midfield target in a blockbuster deal worth up to £100 million.

Tottenham Hotspur have agreed a club-record £100 million deal with Newcastle United to sign Italian midfielder Sandro Tonali, in what is set to become one of the biggest transfers of the summer window. The agreement is understood to be worth an initial £92.5 million, with a further £7.5 million in performance-related add-ons.

The 26-year-old is expected to sign a long-term contract at the Tottenham Hotspur Stadium after agreeing personal terms. Tonali is reportedly set to become one of the club’s highest-paid players, with manager Roberto De Zerbi playing a pivotal role in convincing his fellow Italian to make the move to North London.

De Zerbi identified Tonali as the cornerstone of his midfield rebuild, believing the Italy international possesses the technical quality, leadership and tactical intelligence needed to transform Spurs into Premier League and UEFA Champions League contenders. The pair share a close footballing philosophy, with sources indicating Tonali was persuaded by De Zerbi’s long-term vision for the club.

Tonali joined Newcastle United from AC Milan in 2023 for around £55 million and quickly became one of the Premier League’s standout midfielders. Although his first season in England was interrupted by a 10-month suspension for breaches of betting regulations, he returned strongly and helped Newcastle end their long wait for major silverware by winning the Carabao Cup before re-establishing himself as one of the league’s elite central midfielders.

For Newcastle, the sale represents a substantial profit and provides significant financial flexibility as the club continues to reshape its squad. Reports suggest Eddie Howe’s side are already targeting replacements, including Hoffenheim winger Bazoumana Touré and Swiss midfielder Johan Manzambi, while also exploring further additions before the new season begins.

The acquisition of Tonali signals Tottenham’s intent under De Zerbi. The Italian midfielder is expected to become the centerpiece of a revamped Spurs side aiming to challenge for domestic honours and compete strongly in Europe. Once the medical and final paperwork are completed, Tonali will officially become Tottenham’s most expensive signing in the club’s history, eclipsing all previous transfer records.

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares
Continue Reading

Sports

JUST IN: Folarin Balogun Scores but Sees Red as USA Beat Bosnia to Reach World Cup Round of 16

Published

on

JUST IN: Folarin Balogun Scores but Sees Red as USA Beat Bosnia to Reach World Cup Round of 16—-The USMNT defeated Bosnia and Herzegovina 2-0 in Santa Clara to book a last-16 clash with Belgium, but the victory was overshadowed by Folarin Balogun’s controversial red card after the striker had opened the scoring.

The United States booked their place in the Round of 16 of the 2026 FIFA World Cup with a determined 2-0 victory over Bosnia and Herzegovina, overcoming the dismissal of star striker Folarin Balogun to continue their impressive run on home soil.

Mauricio Pochettino’s side endured a nervy start at the San Francisco Bay Area Stadium as Bosnia threatened through Ermedin Demirović, forcing goalkeeper Matt Freese into two excellent early saves. Despite Bosnia’s bright opening, the hosts gradually settled into the contest, dominating possession and creating the better opportunities.

The breakthrough came just before halftime in the 45th minute. A high press forced Bosnia into surrendering possession near midfield, and after Malik Tillman’s attempted pass deflected kindly into Balogun’s path, the Monaco striker calmly slotted a left-footed finish beyond the goalkeeper to score his third goal of the tournament. The strike made Balogun only the third American player to score three or more goals in a single FIFA World Cup.

The match took a dramatic turn in the 64th minute when Balogun was shown a straight red card following a VAR review. Referee Raphael Claus upgraded the incident to serious foul play after reviewing Balogun’s challenge on Bosnia defender Tarik Muharemović, leaving the United States to play the remainder of the match with ten men. The dismissal means Balogun will miss the Round of 16 clash against Belgium through suspension.

Despite the setback, the Americans showed tremendous resilience. With Bosnia pushing forward in search of an equalizer, Malik Tillman produced a moment of brilliance in the 82nd minute, curling a superb free-kick into the top corner to double the lead and effectively seal qualification. Matt Freese completed an outstanding evening by preserving his clean sheet with several key saves late in the contest.

The victory sends the United States into the Round of 16, where they will meet Belgium in Seattle in one of the standout ties of the knockout stage. However, Pochettino will be without his leading scorer after Balogun’s dismissal, a significant blow as the co-hosts aim to reach the World Cup quarter-finals for the first time since 2002.

While Balogun’s evening ended in disappointment, his goal proved crucial in setting the United States on course for victory. Combined with Tillman’s spectacular free-kick and a disciplined defensive display, it was enough to keep the Americans’ World Cup dream alive as they prepare for their toughest test yet against Belgium.

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares
Continue Reading

Trending

Facebook 0 Twitter 0 LinkedIn WhatsApp 0Shares