• Eminent businessmen Aliko Dangote and Tony Elumelu have praised the Nigerian National Petroleum Company Ltd (NNPC) for its performance under group CEO Mele Kyari.
• Dangote has suggested that the NNPC can generate billions of dollars in revenue if the right decisions are made, while Elumelu has said that due to the efforts of the NNPC Ltd, Heirs Oil & Gas has witnessed a 96% recovery rate.
• NNPC CEO Mele Kyari has admitted to challenges with security and underinvestment but stated that the NNPC is better positioned to create value for Nigerians after the passage of the Petroleum Industry Act.
Nigerian National Petroleum Company Ltd (NNPC) has been praised by businessmen Aliko Dangote and Tony Elumelu for its performance under its group CEO Mele Kyari.
Dangote has said that the NNPC has the potential to become the African version of Saudi Arabia’s Aramco, while Elumelu praised NNPC’s effort to curb crude oil theft.
Dangote has also suggested that the NNPC can generate billions of dollars in revenue if the right decisions are made.
Elumelu has said that due to the efforts of the NNPC Ltd, Heirs Oil & Gas has witnessed 96% recovery rate.
NNPC CEO Mele Kyari has admitted that there have been challenges with security and underinvestment in recent times but stated that the NNPC is better positioned to create value for Nigerians after the passage of the Petroleum Industry Act.
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