Mele Kyari – InfoStride News

Kyari’s Tenure at NNPC: Navigating Challenges Amid Growing Concerns

Temitope Nlewemchi — Mon, 30 Dec 2024 11:46:35 +0000

The tenure of Mele Kyari as the Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) has sparked widespread anxiety and debate. As one of the most influential figures in Nigeria’s oil and gas sector, Kyari’s leadership has coincided with a period of significant transformation and turbulence. Appointed in July 2019, Kyari inherited [...]

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CNPP Demands Suspension of NNPC MD Over Alleged Scandals

Ifeanyi Nwagboso — Sun, 11 Aug 2024 10:00:19 +0000

The Conference of Nigerian Political Parties (CNPP) has called for the immediate suspension of Mele Kyari, the Managing Director of the Nigerian National Petroleum Corporation (NNPC), amid a series of allegations and controversies surrounding the corporation. The group has also demanded an independent investigation into claims of subsidy fraud, substandard imports, and the ongoing mismanagement [...]

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NNPC plans to borrow another $2 billion crude oil-backed loan to boost economy – Report

Temitope Nlewemchi — Wed, 10 Jul 2024 08:42:33 +0000

The Nigerian National Petroleum Corporation (NNPC) is planning to borrow an additional $2 billion in crude oil-backed loans from international creditors to boost its financial inflow. Reuters reported that two sources familiar with the matter confirmed the details on Tuesday. In addition, Mele Kyari, the Group Chief Executive Officer (GCEO) of the NNPC, informed Reuters [...]

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NNPC Announces New Completion Date for Ajaokuta-Kaduna-Kano Gas Pipeline Project

Ifeanyi Nwagboso — Fri, 29 Mar 2024 08:00:30 +0000

The Nigerian National Petroleum Company Limited (NNPCL) has revealed a revised completion date for Nigeria’s $2.8 billion Ajaokuta–Kaduna–Kano gas pipeline project, which is being constructed by Oilserv Limited. Initially slated for commissioning in December 2023, the project’s completion has been rescheduled to December 2024, according to Mele Kyari, the Group Chief Executive Officer (GCEO) of [...]

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Nigeria and Morocco Accelerate Talks on $30 Billion Gas Pipeline

Temitope Nlewemchi — Fri, 26 Jan 2024 23:03:43 +0000

In a bid to strengthen economic ties and bolster energy cooperation, Nigeria and Morocco have expedited discussions on a $30 billion gas pipeline project. This significant initiative underscores the commitment of both nations to fostering strategic partnerships, promoting regional development, and harnessing the potential of the energy sector. The accelerated talks on the gas pipeline [...]

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SERAP Demands NNPC Transparency: Disclose Nigeria’s Daily Oil Stats Since May 2023

Temitope Nlewemchi — Mon, 11 Dec 2023 09:17:43 +0000

In a bid to enhance transparency and public accountability, the Socio-Economic Rights and Accountability Project (SERAP) has directed its attention to Mr. Mele Kolo Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. In a letter dated December 9, 2023, signed by SERAP Deputy Director Kolawole Oluwadare, the organization calls [...]

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Senate Issues 24-Hour Ultimatum to NNPC GCEO Kyari: Show Up or Face Consequences

Temitope Nlewemchi — Thu, 07 Dec 2023 10:57:31 +0000

InfoStride News reported on Wednesday, December 6, 2023, that the Senate has given a 24-hour ultimatum to Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, to appear for the defense of the 2024 budget. Senator Adeola Olamilekan, the Chairman of the Senate Committee on Appropriation, conveyed this [...]

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Tinubu Keeps Kyari at NNPCL Helm, Names Akinyelure Board Chairman in Latest Appointments

Temitope Nlewemchi — Mon, 27 Nov 2023 21:50:44 +0000

President Bola Tinubu has made a significant decision by reappointing Mallam Mele Kolo Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), ensuring continuity in the nation’s oil sector. This move is part of a broader reshuffle, introducing a new board and management team for the NNPCL effective December [...]

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Port Harcourt Refinery Set for December 2023 Launch, Confirms Kyari

Temitope Nlewemchi — Fri, 24 Nov 2023 23:08:16 +0000

Mele Kyari has officially announced that the commencement of operations at the Port Harcourt refinery is scheduled for December 2023. This revelation was made during a meeting with the Speaker of the House of Representatives, Tajudeen Abbas, on November 23. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) emphasized that [...]

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Exclusive: Reasons The Real Subsidies Are Not For The Poor, But The Rich – Femi Falana, SAN

Adewale A. — Fri, 23 Jun 2023 07:32:48 +0000

Globally, subsidies, whether for food, transportation, energy or housing, are part of good governance. So, the issue is not subsidies but who benefits from them. In Nigeria, subsidies are primarily for the rich, by the rich and for the rich. I will highlight a few, how they are being manipulated and how huge sums of [...]

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Stakeholders to discuss Nigeria’s upstream, gas market.

Temitope Nlewemchi — Sun, 27 Mar 2022 00:11:24 +0000

The Organisation of Petroleum Exporting Countries (OPEC), Ministry of Petroleum Resources, Nigerian National Petroleum Company (NNPC) Limited and other stakeholders are set to canvass a diversified market for Nigeria’s huge gas resources and woo investors into the upstream segment. Secretary-General of OPEC, Sanusi Barkindo; Minister of State for Petroleum Resources, Timipre Sylva and the Chief [...]

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Gas consumption lowest in Nigeria despite 206 tcf reserves

Temitope Nlewemchi — Tue, 24 Aug 2021 19:03:28 +0000

Despite boasting of a 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria’s per capita consumption of gas is the lowest in the sub-Saharan African region, Ministers of State for Petroleum Resources, Timipre Sylvia has said. He stated this at the 2021 yearly sub-Saharan African Oil and Gas Conference tagged ”The [...]

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Buhari Appoints Mele Kyari As New NNPC Boss

David Folami — Thu, 20 Jun 2019 13:34:26 +0000

President Muhammadu Buhari has appointed Mr. Mele Kyari, the new Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, with effect from July 8, 2019. In a statement in Abuja, Group General Manager, Group Public Affairs Division of the NNPC, Mr. Ndu Ughamadu shared that President Buhari also appointed seven new Chief Operating Officers [...]

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