NNPC BOSS DEBUNKS SABOTAGE CLAIMS, ASSURES SUPPORT FOR DANGOTE REFINERY AND OTHERS
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GREATRIBUNETVNEWS–Kyari, Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPC), has dismissed allegations of sabotaging domestic refineries, including the Dangote Refinery . Speaking at the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition in Lagos, Kyari emphasized NNPC’s commitment to collaboration.
Key Highlights:
– _NNPC’s Investment in Dangote Refinery_: Kyari revealed that NNPC is a part-owner of the Dangote Refinery, demonstrating its strategic investment in domestic fuel supply.
– _Collaboration for Affordable Petroleum Products_: NNPC Ltd aims to work with private refineries to ensure sustainable and affordable petroleum products supply.
– _Naira-for-Crude Initiative_: The company plans to implement a Naira-for-crude exchange program.
Kyari’s statement comes amid concerns about Nigeria’s energy trilemma: energy security, sustainable growth, and affordability. By partnering with domestic refineries, NNPC seeks to strengthen the country’s energy sector.