Uche Usim, Abuja
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has challenged the board of directors and management of the NNPC Retail Limited to sustain the company’s culture of delivering unadulterated petroleum products to Nigerians.
He also assured that the selection of insurer for the Nigerian National Petroleum Corporation’s (NNPC) assets in the 2020/2021 would be transparent.
The GMD gave the charge Monday in Abuja during the inauguration of a new Board of Directors for the company, a release by the corporation’s Acting Group General Manager, Group Public Affairs Division has stated.
Kyari said the confidence of Nigerians in the company’s commitment to delivering high quality products and the right quantity at the right prices was a great asset that the new management could leverage on to achieve the target of growing market share to 30 per cent.
“We have to maintain our viable operational strategies to advance our cause. NNPC Retail Limited’s management must focus to ensure that products are not adulterated and metres for both our own and our affiliate stations are not tampered with so that those who buy our products can derive maximum value for their money,” Kyari stated.
He said NNPC Retail Limited occupied a strategic position in the energy matrix of the country, adding that as a first line company with strong brand in petroleum products supply and distribution across the country, there was a need to expand its scope and capture at least 30 per cent market share within the shortest time possible for the benefit of Nigerians.
He explained that automation of process, continued maintenance of customer base and expansion would assist in speedy attainment of target.
Responding, the Chief Operating Officer (COO), Gas and Power, and Chairman of the Board of Directors, Engr. Usman Yusuf, assured of his team’s readiness to deliver on the task.
Other members of the Board include: the COO, Downstream, Engr. Adeyemi Adetunji, Alternate Chairman; COO, Refineries, Engr. Mustapha Yakubu; Managing Director of NNPC Retail Ltd, Sir Billy Okoye; and Company Secretary, NNPC Retail Ltd, Mrs. Obioma Abangwu.
42 companies submitted bids for the lead insurer contract and the NNPC says that each of the bids would be assessed on its own merit.