Mele Kyari: With PIA, NNPC will become most profitable company in Africa | TheCable

  • 📰 thecableng
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 80%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Mele Kyari, chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, says the Petroleum Industry Act (PIA) provides business opportunities that will enable the company earn more revenue for the country.

Kyari said this while addressing staff of the organisation in a townhall meeting held at NNPC Towers, Abuja, at the weekend.

Highlighting the significance of the PIA to the NNPC and by extension the Nigerian economy, he said the new legislation has raised shareholders’ expectations on the company. According to a statement by Garba Deen Muhammad, NNPC spokesperson, Kyari added that the PIA had given the company a wide room to make progress.“The PIA had put all money-making options on the table; it is up to us to take advantage of it,” Kyari was quoted as saying.

He said as a result of the new legislation, NNPC Ltd would not only shed some of its toxic liabilities but will be the largest and most capitalised company in the whole of Africa and, potentially, the most profitable on the entire continent. Kyari asked the employees to ensure that the company becomes a commercially viable entity and a multi-billion-dollar company that will continuously deliver value to its shareholders — the over 200 million Nigerians.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NNPCgroup MKKyari Useless and worthless NNPC that cannot even fix ordinary refinery.

garba_deen NNPCgroup MKKyari Most profitable indeed when there is no transparency, just recruitment of qualified Experienced Hires (EH) professionals MKKyari cannot conclude after 2yrs because of primordial sentiments MBuhari NGRPresident nassnigeria AIT_Online OfficialPDPNig atiku NNPC2019EHCLOSURE

NNPCgroup MKKyari With you, government is completely loosing the focus from its primary responsibility for providing welfare to profit generating agency

NNPCgroup MKKyari Im DANIELA LEONCINI milano italy leoblukhotmail.it

NNPCgroup MKKyari Operating for over 50 yrs as one of the World Crude Oil Producers without a Refinery.

NNPCgroup MKKyari Of all worries bedeviling the NNPC is the MMkyari TAPE that has become even more opaque than the running of the NNPC... I stood for him initially but beginning to feel my fingers getting burnt.... Sad!!!

NNPCgroup MKKyari I have been castigated and insulted because of my beliefs in MKKyari. I take it all in good faith and still believes that MKKyari is doing a great job at the NNPC. Ride on sir.

NNPCgroup MKKyari enikure

NNPCgroup MKKyari Bloody looters spewing thrash from their thieving buccal cavity.

NNPCgroup MKKyari 🤣🤣🤣🤣🤣🤣. Under this government. Na which kind weed this people dey smoke sef

NNPCgroup MKKyari With all the sweet talks you guys have been bashing out to NNPCgroup . Please why are the four refineries not working?

NNPCgroup MKKyari When?

NNPCgroup MKKyari Kudos

NNPCgroup MKKyari Story for the gods.......lolzzzzzzzz....These people must be living in the dark ages.

NNPCgroup MKKyari A company that has been posting loss since . Let's see how it goes ,but I bet you : you don't have the ability .

NNPCgroup MKKyari No they won’t

NNPCgroup MKKyari Lol 😂 you think say na 19 century you da ? Keep lagging.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Buhari repays kindness’ -- Femi Adesina speaks on Margery Okadigbo's appointment as NNPC chair | TheCableFemi Adesina, presidential spokesperson, says the appointment of Margery Okadigbo as the chairperson of the NNPC Limited is... With NNPC? He repays kindness with the nation’s assets? Na hin property? MBuhari FemAdesina NNPCgroup What about Mike Ahamba who allegedly offered mbuhari free legal service in 2003 and 2007 presidential tribunal disputes FemAdesina
Source: thecableng - 🏆 2. / 80 Read more »

'Criminals use them' — Irabor explains why army is against civilians wearing camouflage outfitsLucky Irabor, chief of defence staff, has explained why the military clamps down on persons who wear camouflage outfits. Nah. Bandits and terrorists use them freely. Na only civilians una fit harass
Source: thecableng - 🏆 2. / 80 Read more »

Court acquits Umar Mohammed, retired air commodore, of money laundering chargesA federal high court in Abuja has discharged and acquitted Umar Mohammed, a retired air commodore, of money laundering charges. NigAirForce NigAirForce Has he joined APC
Source: thecableng - 🏆 2. / 80 Read more »

Gunmen abduct four university students in Nasarawa | TheCableGunmen have reportedly abducted four students of the Federal University of Lafia, Nasarawa state. Business as usual If not that some people gan have strong head why do you still go to sch in the North? Abduction na business for north. Any good news?
Source: thecableng - 🏆 2. / 80 Read more »

'He's written his name in gold' -- Nollywood group honours Femi Adesina with merit award | TheCableThe Ambassadors of Voice for Change, a group of Nollywood actors and entertainers, has honoured Femi Adesina, presidential spokesman, with Were they compelled? That’s why they have sad end. When they won’t support the kind of govt that delivers on democracy dividends. Imagine these clowns conferring merit award on one of the most irrelevant Buhari’s aides. Big shame! EmodiMba see your man
Source: thecableng - 🏆 2. / 80 Read more »

PHOTOS: Super Eagles hold training session ahead of Sudan clash | TheCableThe Super Eagles fine tuned their training ahead of the Group D Africa Cup of Nations (AFCON)… NGSuperEagles Thank you for tweeting even during the twitter lockdown NGSuperEagles We got u NGSuperEagles They better behave themselves today
Source: thecableng - 🏆 2. / 80 Read more »