Confederation of All Progressives Congress Support Groups has congratulated the Group Chief Executive Officer of Nigerian National Petroleum Company, Engineer Mele Kyari over his well deserved reappointment.
According to the support groups , the extension of Mele Kyari’s tenure shows clearly that, President Bola Ahmed Tinubu, is dedicated to his RENEWED HOPE AGENDA, where round pegs are kept in round holes and square pegs vice- visa for optimal results.
While applauding the President for not being distracted by dissident voices to replicate the dogma of inept ideas orchestrated by a few cabals to replace Mele Kyari with a stooge to serve their interests, the group appreciated the positive developments that are unfolding in the Oil and Gas sector, where synergy templates have made the difference and ensured for a significant paradigm shift for a generational sign post that have acquired the topmost in line with global energy practice.
Speaking at a press conference held at the headquarters of Confederation of All Progressives Congress today, the Director General, Engineer Kailani Muhammad explained: "We are celebrating this feat, not just because Mele Kyari remains in the saddle, we are celebrating because, Mele Kyari has become a composite factor in the Oil and Gas sector in Nigeria. His commitment to the development of the sector, will ever remain a footprint for generations to come as he remains at the helm of affairs at NNPCL.
The DG who acknowledged Mele Kyari’s records of achievements, said his contributions to the petroleum industry and the Oil and Gas in particular, have positively impacted the Nigeria’s economic strides for development.
Speaking further on his achievements, Kailani stated : "We are talking about the poor success rate by many international giant oil companies in the past, to conduct various seismic exploration activities in search for oil in the northern part of the country without tangible results, where his TAPE agenda changed the narratives .
"When Kyari came on board as the GMD of the NNPC, his efforts yielded positive achievements in the Upper Benue Trough and the Gongola Basin in North Eastern Nigeria, particularly the Kolmani River fields. Kolmani integrated oil field development project located in Alkaleri local government area of Bauchi State, where about over four billion of crude oil deposit is located.
"For the first time in over four decades, Kyari broke a 43 year- old jinx in the NNPC by up -dating and publishing the 2018 Audited Financial Statement for the year ended December 31, 2018. To consolidate on the landmark achievement, he quickly followed up with the publication of the company’s 2019 AFS, which showed a remarkable loss reduction to just N2.3 billion, with a declaration of a N287 billion Profit After Tax (PAT).
"He was a major factor in the resolution of the issues that delayed the passage of the Petroleum Industry Bill (PIB), by the National Assembly for almost two decades.
"Since the unveiling of the Kolmani field development, Kyari has spearheaded more frontier exploration activities across Niger, Nasarawa, Sokoto, Borno, Yobe, Adamawa, Bauchi and Gombe states in the northern part of the country.
"Through Kyari, the NNPCL has a proven gas reserve base of 208.62 trillion cubic feet (TCF). He also plans to increase gas reserves to 220 TCF in less than 10 years and 250 TCF thereafter. Although the operational environment has posed a huge challenge, Kyari is determined to ensure the country realises these targets.
"In this lap of the journey of Mele Kyari at NNPCL, we implore the media, the Nigerian Public and stakeholders in the petroleum industry and especially, the Oil and Gas sector and the NNPCL management, to avail Mele Kyari, the requisite cooperation and commitment to his noble ideals.
"Kyari is also involved in the execution of the 474 million standard cubic feet of gas per day trans-regional pipeline system, to deliver Nigeria’s natural gas resources to 15 countries in the West and North Africa.
"Construction of the 5,660 kilometres long NMGP, which commenced from Nigeria, that would traverse Benin, Togo, Ghana, Cote d’Ivoire, Liberia, Sierra Leone, Guinea, Guinea-Bissau, Gambia, Senegal, and Mauritania, to end at Tangiers, a Moroccan port on the Strait of Gibraltar, with a spur connecting the existing Europe gas pipeline through Spain.
"Kyari initiated the construction of the 4,128 kilometres long Trans-Saharan gas pipeline championed by the NNPCL, with its Algerian and Nigerien counterparts as a strategic investment to transport about 30 billion cubic meters of gas per year to the European market. Rehabilitation of the Port Harcourt, Warri and Kaduna refineries to start production by December, 2023.
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