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NNPC Ltd assures of energy security in Nigeria

The Executive Vice President, Business Services, Nigerian National Petroleum Company (NNPC) Ltd, Mr. Danladi Inuwa, has said that the company is working to ensure energy security in the nation.

He said this at the openings of a two-day sensitization and awareness workshop on Wednesday in Abuja organised in collaboration with Tedran Consulting on the theme: “Understanding our National Oil Company (NNPC Ltd) Post Petroleum Industry Act” aimed at enlightening Civil Society Organisations (CSOs) and the general public on the activities of the corporation in line with its mandate”.

He said in achieving this, the company is carrying out numerous programmes in terms of gas to power, gas to industries and of course the petroleum product supply.

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Parts of these three key areas, he said, are being focused on to ensure the organisation deliver on energy security for the country.

He said the NNPC Ltd is focusing on monetizing our gas and that this has given rise to some of the key projects the company has embarked upon like the AVJ project which is going to transmit gas from Ajaokuta to Kaduna and Kano with associated power plant going on across the country.

Inuwa, who absolved the NNPC Ltd of blame concerning queues, reminded that the subsidy has been shut down on behalf of the Federal government by the company and that the long queues seen in some states in the country was caused by factors such as price difference, profiteering by oil marketers and distribution channels.

On what the programme is set up to achieve Mr Peter Okoye, Partner Tedran Consulting said it is a sensitization and awareness workshop on the new NNPC Ltd, its structure and operations.

He noted that the signing into law of Petroleum Industrial Act by President Muhammadu Buhari in August 2021 is making a lot of changes in the petroleum sector in Nigeria and one of the mandate of that Act was to convert the NNPC from a public company to a profit oriented Incorporated company which has been done.

On his part, Mr Olalekan Edwards, President General of “The Natives”, said their goal is to begin to understand what NNPC Ltd is doing and expose the saboteurs amongst them as well as to change the narratives from being protesters to being participants in their own affairs.

Edwards said that what his group, The Natives. is interested in, is that the people who used to be in the background should now come forward because they are actually the owners of the country.

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