NNPC committed to economic growth through gas value chain


The Group Managing Director of Nigerian National Petroleum Corporation (NNPC) , Mr Andrew Yakubu, on Thursday, said the corporation was committed to the nation’s economic growth through gas value chain.

Yakubu made the disclosure at the opening ceremony of batches 073 to 079 Capacity Building Programme for NNPC chief officers in Abuja.

The programme is tagged “Chief Officers Management Development Programme” (COMDP).

The NNPC boss said the corporation was determined to deliver commercial value to the Federal Government Gas Revolution Agenda “in order to ensure Efficient Gas–to-Power, Gas-to-Industry and Sufficient Gas for Domestic Consumption.”

He said the NNPC was saddled with the responsibility of ensuring that the abundant gas value chain in the country was maximally explored.

He added that the corporation would do everything possible to make the Gas Revolution Agenda successful in every ramification.

He then challenged participants of the capacity building programme to come up with creative ways of dealing with the target of fully monetising the gas resource endowment of the nation.

He said “this remains a crucial deliverable of the Federal Government’s Gas Revolution Agenda.”

The managing director said that the management was fully committed to supporting the capacity development programme and would continue to provide all resources required to sustain its growth.

Prof. Pat Utomi of the Lagos Business School in a lecture delivered at the occasion explained that the NNPC was required to deliver the mandate of the gas-to-power strategy execution and effectiveness.

In his lecture which had “Gas Commercialisation and Economic Growth’’ as its theme, Utomi stressed the need for NNPC to build human capital that would ensure domestic gas utilisation and provision of strong gas infrastructure.

According to him, this will protect the environment and make gas available for the people to use.

The Group Executive Director, Corporate Services, Dr Dan Efebo, assured the participants of the preparedness of management to expose them to knowledge that would enable NNPC to deliver its various core mandates.

According to him, the batches 073-079 comprises of 375 participants.

“They are expected to run a four-module programme which includes leadership, problem solving, research work, oil and gas fundamentals and emerging trends in oil and gas industry.”

“The programme, which is mandatory for senior staff has equipped staff with skills and competence for transition to management cadre in the last 24 years of the corporation,” he said.