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| Mele Kyari, Former GCEO, NNPCL |
The Northern Awareness Network (NAN) has extended its heartfelt congratulations to Mele Kyari as he transitions into retirement after a distinguished tenure as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL).
NAN in a statement issued by it's Chairman Salihu Suleiman averred that under his visionary leadership, NNPCL has undergone transformative changes that have not only revitalized the oil sector but have also laid a solid foundation for Nigeria’s economic future.
Mele Kyari's tenure is marked by a profound commitment to reform, transparency, and sustainability.
"His leadership coincided with President Bola Ahmed Tinubu’s ambitious economic reforms, both of which embody a shared vision for a more prosperous Nigeria.
The alignment of their objectives has been instrumental in reshaping the landscape of Nigeria’s oil sector, steering it towards a path of economic independence and operational efficiency.
"One of the most notable achievements during Kyari's leadership was the successful settlement of a $2.4 billion debt with international oil companies (IOCs). This long-standing financial burden has hampered the growth and stability of Nigeria’s oil sector for years.
Clearing this debt not only liberated NNPCL from financial constraints but also positioned the company as a debt-free entity, fully prepared for sustainable investment and growth".
The northern group said such a milestone is a testament to Kyari's strategic foresight and dedication to fostering a robust economic environment.
The northern group said such a milestone is a testament to Kyari's strategic foresight and dedication to fostering a robust economic environment.
It further stated that Kyari’s tenure also witnessed the complete removal of fuel subsidies, a bold move that, while initially challenging, has liberated resources and opened avenues for investment, adding that the reform has created a more stable economic landscape, allowing NNPCL to focus on its core activities, including improving gas infrastructure and expanding renewable energy efforts.
"These initiatives reflect Kyari’s understanding of Nigeria’s broader economic potential and his commitment to positioning the nation as a regional energy leader.
"Furthermore, Kyari’s extensive experience in the oil industry, having held key positions under multiple administrations, has earned him the trust of various leaders.
His ability to steer NNPC into becoming a limited liability company significantly improved its financial stability and operational efficiency, setting a precedent for future management. The remarkable strides made under his leadership have not only enhanced Nigeria’s energy security but have also attracted foreign direct investment (FDI), with a historic milestone of $17 billion achieved during his tenure.
"The recent initiatives introduced by Kyari have addressed critical challenges that have historically plagued Nigeria’s oil sector, including crude oil theft, infrastructure decay, and investment constraints. By implementing strategic measures aimed at boosting oil and gas production, securing energy supply, and improving efficiency, Kyari has laid the groundwork for a more resilient and prosperous oil industry.
"As Mele Kyari steps into retirement, the Northern Awareness Network expresses its profound gratitude for his contributions and unwavering dedication to the betterment of Nigeria's oil and gas sector. We wish him all the best in his future endeavors, confident that his legacy will continue to inspire and guide the new management of NNPCL.
"Looking ahead, we are optimistic that the incoming leadership will build upon the reforms initiated by Kyari and President Tinubu. The commitment to transparency, efficiency, and sustainability must remain at the forefront of NNPCL’s agenda. The path forward is filled with opportunities, and the new management must embrace the vision established by Kyari to ensure the continued growth and development of Nigeria’s oil sector.
The Northern Awareness Network says it stands ready to support the ongoing efforts to enhance Nigeria’s energy sector. We believe that with the right leadership and strategic direction, NNPCL can achieve even greater heights, ensuring energy security and economic transformation for all Nigerians.
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