The Nigerian National Petroleum Company Limited (NNPCL) announced that it would solve the nation’s energy problems within the next decade.
This information was disclosed by Mele Kyari, the Group Chief Executive Officer of NNPCL, at the opening ceremony of the seventh Nigerian International Energy Summit in Abuja on Tuesday.
Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, released a statement expressing the company’s commitment to working with stakeholders to address the energy gap and promote prosperity for Nigerians.
“He assured stakeholders of the company’s dedication to collaborating with them to close the energy deficit gap and create prosperity for Nigerians, adding that from all indications, all issues of energy scarcity in the country would be resolved in the next 10 years,” the statement partly reads.
Investment in Energy Infrastructure to drive Growth
As the biggest partner to all the oil producing companies in Nigeria, NNPCL also guaranteed stakeholders on investment in vital infrastructural projects to boost growth in the energy sector.
Kyari stated that the Obiafu-Obrikom-Oben Pipeline was nearing completion, with ongoing tunneling operations across the River Niger.
He also noted that NNPC Ltd., by its foundational mandate to protect national energy security, aims to ensure that the divested assets are managed to produce sustainable and high levels of production, thereby providing energy security for the benefit of Nigerians.
“He explained that by virtue of its statutory mandate as the enabler of national energy security, NNPC Ltd.’s role is to ensure that, at the end of the day, there is optimal and sustainable production from the divested assets to guarantee energy security for the benefit of Nigerians.
“Kyari also disclosed the company’s willingness to invest in the proposed African Energy Bank as a way of ensuring sustainable funding for energy projects in Africa to guarantee energy security.
“On investment in energy infrastructure to drive energy security, the GCEO further disclosed that the completion of the Obiafu-Obrikom-Oben Pipeline was in sight as the tunnelling across the river Niger was currently ongoing,” the statement added.
