NNPC Weekly Review: NNPC mulls rebuilding roads under tax credit scheme | The Guardian Nigeria News - Nigeria and World News

The Nigerian National Petroleum Corporation started its week with an engagement with critical stakeholders in a bid to find lasting solutions to the road network challenges and other lingering issues.

The meeting was attended by stakeholders including the NNPC, the Petroleum Tanker Drivers , the National Association of Road Transport Owners , Department of Petroleum Resources and Federal Ministry of Works. “Upon our fruitful deliberations today, the NNPC has pledged to support the PTD and NARTO in carrying out quick intervention fixes on some strategic bad spots identified to enable unhindered movement of trucks for transportation of petroleum products nationwide,” Kyari stated.

Also in the week, the Independent Petroleum Producers’ Group , an association of indigenous exploration and production companies in Nigeria paid a courtesy visit on the Minister of state for Petroleum Resources, Chief Timipre Sylva. The chairman noted that there was need for collaboration with all stakeholders to achieve the objectives of the Petroleum Industry Act while tasking the Federal government to leverage on the abundant gas resources for further development of the economy.

Still in the week under review, the Pipelines and Products Marketing Company Ltd, , a downstream subsidiary of the NNPC conveyed a stakeholder’s forum to address issues in the downstream sector of the petroleum industry. “I am assuring you that we will leverage this forum towards improving our service delivery to all partners and sustained energy security for our country,” Kyari stated.

The NNPC within the week kick-started the process of selecting financial and technical partners for the integrated development of its Oil Prospecting Licenses 809 and 810 assets in its bid to boost crude oil production to meet the 4million barrels per day target. She said a proper evaluation of the bids would be carried out before proceeding to the technical and commercial stages of the process, adding that the list of successful companies would soon be made available on the NNPC website.

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