NNPC restates commitment to profitability
The Group Managing Director of the Nigerian
National Petroleum Corporation (NNPC) Dr.
Maikanti Kacalla Baru, has said the NNPC under his
watch will continue with the previous initiatives to
further grow the business and increase profitability
as envisioned by the founders of the
Corporation.He made this assertion during his
maiden town hall meeting with members of staff at
the NNPC Towers in Abuja.
“The NNPC is today in transition for positive
reform. A transition to autonomy, profitability and
growth. This transition is not only inevitable but
imperative in the light of current business realities
and the onus on NNPC to deliver on its statutory
mandate,” Baru declared.
According to him, “we have a collective
responsibility to ensure the success of this ongoing
reform in NNPC. The task of doing so begins with
you and me by changing our attitude; particularly,
the way we work and do business.
“We are all required to develop mindsets that
emphasise diligence, commitment and sacrifice.
Therefore, it is indeed not going to be business as
usual”, the GMD stressed.
He noted that in line with the NNPC’s mission
statement of being an integrated oil and gas
company engaged in adding value to the nations
hydrocarbon for the benefit of Nigerians, the
Corporation under him would focus on a 12 point
agenda to support and drive the actualisation of the
mission.
Baru disclosed the theme of the agenda as “Moving
NNPC Forward…Together” adding that “in the race
to change the fortunes of our dear Corporation for
the better, I cannot do it all alone. Therefore, we
are all in this together.”
The GMD outlined the agenda to include security,
new business models, Joint Venture cash calls,
production and reserve growth, NPDC growth, gas
development, oil and gas infrastructure, refinery
upgrade and expansion.
Chairman of the Nigeria Union of Petroleum and
Natural Gas (NUPENG), Comrade Mathew, Duru
expressed the readiness of the unions to support Dr.
Baru and his management team to succeed in their
task to reposition the Corporation for growth and
profitability.
No comments