…As Newly-created Kwara Customs command generates N1.27b in 3 months***
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, stated on Tuesday that the corporation saved more than $3 billion, from arbitrations.
Kyari indicated this in a statement signed by the acting spokesman for the corporation, Mr Samson Makoji in Abuja, noting that the GMD said this during a Town Hall meeting that also involved the participation of the corporation’s outstation members of staff.
He commended the management of the corporation’s Legal Division for the savings, saying due diligence accounted for the feat.
Kyari urged the corporation’s workforce to redouble their efforts to ensure that the nation reaped bountifully from its vast hydrocarbon resources which the National Oil Company had the mandate to superintend.
He added that it was imperative for the corporation to increase its level of efficiency, reduce cost and increase revenue across value chain of its businesses within the shortest possible period.
The GMD seized the opportunity to update members of staff on the recent NNPC Top management retreat which prescribed a five-step approach for the corporation to attain global excellence via the Transparency, Accountability and Performance Excellence (TAPE) agenda.
He listed the steps to include well defined processes benchmark to World-class Oil and Gas company requirements, Right cost structure that guarantees value realisation and profitability.
Others are Goals, priorities and performance guarantee, Suitable governance structure for strategic business units and Entrenching team work and collaboration with all key stakeholders.
The NNPC GMD noted that some remarkable successes had been recorded within the short period of his tenure.
He listed some of the achievements to include the attainment of over two billion litres of Premium Motor Spirit reserve and completion of Phase1 of Port Harcourt Refinery Rehabilitation.
Others, he noted include discovery of Oil in Kolmani River-II Well and the Re-opening of OML 25 flow station after two years of inactivity as a result of issues between the host community/Belema Oil and Shell Petroleum Development Company.
Our achievements also include “signing of novation agreement with Nigerian Agip Oil Company (NAOC) to formalise the transfer of OMLs 60, 61 and 63 to the Nigerian Petroleum Development Company (NPDC).
“The execution of a funding, technical services agreement and alternative financing deal worth 3.15 billion dollars OML 13 and 876 million dollars OML 65.
“Signing of 2.5 billion dollars prepayment agreement with Nigerian Liquefied Natural Gas Limited (NLNG) for Upstream gas supply for trains 1-6, Finalisation of the 2018 audit of the NNPC Group and improved engagement with key stakeholders, notably, the National Assembly”.
The GMD also launched the banners of the corporation’s Downstream company, the NNPC Retail Limited, with a view to positioning the company as a market leader in the products distribution subsector in the Country.
Also read: KYARI: NNPC records 45, 374 pipeline breaks in 18 years
In the meantime, the newly created Kwara Area Command of the Nigeria Customs Service, says it generated the sum of N1.27 billion within three months of creation.
This was contained in a statement issued by Chado Zakari, the Public Relations Officer of the command on Tuesday, in Ilorin, attributing the feat to the strategic policies and plans put in place by the command to bring all the excise factories within its jurisdiction under effective control by forcing them to comply with the extant laws.
He said that the command generated N980,652 in August, N697,810 in September and N572,116 in October.
Zakari added that the command had been able to make changes through strict adherence to its driving wheel.
“This has led to the increased level of compliance by stakeholders, as the controller is determined to make the command a haven for legitimate trade facilitation.
“In our desirous efforts to key into the Federal Government’s policy on agricultural development, particularly in the area of boosting local rice production, we have made our territories unfavourable smugglers of rice and other prohibited items.
“The area controller urged all Nigerians to embrace the Federal Government’s policy on production of agricultural produce with particular reference to rice for both home consumption and export for self-reliance.
He added that the command was complimenting the efforts of Operation Ex-Swift Response Team, codenamed ‘Border Drill’.
”This has led to seizures of foreign rice, petroleum products and large quantity of mosquito coils, with duty paid calue (DPV) of N25,403,500.
”The seizures were made around Okuta, Ogundele, Ilorin express road, Jebba-Mokwa express road, Maigida-Arogaji road, Ilorin and Chikanda axis of the state respectively.