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Home»News»NNPCL boss Kyari bags award on Gas revolution 
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NNPCL boss Kyari bags award on Gas revolution 

Our ReporterBy Our ReporterJuly 7, 2024No Comments2 Mins Read
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Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has been conferred with a distinguished award for gas revolution.

Kyari received the award from the Nigeria Excellence Awards in Public Service (NEAPS) at an event ceremony held at the banquet hall of the presidential villa, Abuja.

NNPCL in a Facebook post said the award ceremony was coordinated by the Office of the Secretary to the Government of the Federation at the weekend.

Available records indicate that Kyari since his appointment as GCEO has carried out a series of reforms in Nigeria’s oil and gas industry, all culminating in his warning the award. 

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Such reforms include; Transitioning the NNPCL from a loss-making to a profit-making commercial entity, with profits rising from a loss of N803 billion in 2018 to a profit of N674 billion in 2021. 

NewsQuest gathered that the country’s giant oil company has continued to target huge profits since Kyari took over the affairs. 

Other reforms embarked upon by the NNPCL chief executive are the automation and digitization of the company’s operations, which has improved efficiency, performance, and business continuity, enhancing transparency and accountability by publishing monthly financial and operational reports. 

Kyari also led the partnering Eni to rehabilitate and upgrade Nigeria’s refineries to achieve full production capacity beginning 2023 as well as domestic gas utilization, reducing the company’s carbon footprint, and positioning Nigeria as the largest producer of Liquefied Natural Gas in Africa. 

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