… As retiring director insists there is shift from spending to value addition
Isah Idris, Abuja
Group Managing Director, National Petroleum Corporation of Nigeria (NNPC), Dr. Maikanti Baru has applauded the Corporation for maintaining it’s leading role in gas production for powering the nation’s power sector.
The Group Managing Director, Dr. Maikanti Baru disclosed this during the inauguration of a compendium produced by the Corporate Service Directorate of the NNPC in Abuja.
In a press statement made available to News Direct by the Group General Manager, Group Public Affairs Division. Mr Ndu Ughamadu , Baru said the creative compendium was the product of effective and visionary strategic management adopted by the current leadership of the corporation.
The GMD was optimistic that NNPC has being on a new page of sustainable growth with reasonable numbers of critical projects that will expand and brighten the industry value Chaim.
He expressed satisfaction for the laudable achievements so far recorded through the 12 Business Focus Areas (BUFA), a creative reform adopted under his watchful eyes and so remained optimist that the success being recorded is an indicator of much that would be achieved.
“NPDC production has grown in leaps and bounds; NNPC is now the largest gas supplier to the power sector and steady progress is being made on frontier exploration with the spud-in of Kolmani River-II Well.”.
The GMD was optimistic that with the recent drastic approach that had watered down the security challenges and the commencement of the rehabilitation of the serviceable refineries and pipeline depots across the country, the corporation’s was dutifully on the right track and will continue to trigger higher value to the national economy.
“Security challenges that had hampered exploration and production activities have been tamed; new business models have been developed across NNPC businesses, leading to phenomenal boosts in productivity and lessening of cash calls burden on government, achieved through alternative funding arrangements we developed”,
On his part, the Chief Operating Officer, Corporate Services, Malam Isa Inuwa, whose retirement from the services of the corporation coincided with day’s activity stated that the compendium on the activities and achievements of his Directorate was to document history and processes that will serve as eye opener and a strategic guide to management.
“We are about deploying frameworks and policies that will enable any management that is in place to get NNPC to a growth trajectory. From our ISOs, to the building of the best IT platforms we embarked upon, we are poised to the future just as we are relevant today”.
“Under my watch as the COO, NNPC’s Corporate Services Directorate had moved from money spending perspective to a value creating arm of the corporation”.
Malam Isa who felt fulfilled, expressed delight that his leadership of the CSD Directorate at last has produced quality documents that had enabled the NNPC management to achieve desired strategic goals setup by the corporation.