The Nigerian National Petroleum Company Limited (NNPCL) announced that they plan to resolve the energy shortages in the nation within the next ten years.
During the opening ceremony of the seventh Nigerian International Energy Summit in Abuja on Tuesday, Mele Kyari, the Group Chief Executive Officer of NNPCL, shared this information.
Olufemi Soneye, the Chief Corporate Communications Officer of NNPCL, released a statement reassuring stakeholders of the company’s commitment to working together with them to address the energy deficit and promote prosperity for Nigerians.
“He assured stakeholders of the company’s commitment to work 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 over in the next 10 years,” the statement reads in part.
As the primary partner for all oil-producing companies in Nigeria, NNPCL has also reassured stakeholders about investing in critical infrastructure projects to boost growth in the energy sector.
Kyari mentioned that the Obiafu-Obrikom-Oben Pipeline is nearing completion, with tunneling operations currently underway across the River Niger.
He also emphasized that NNPC Ltd., with its core mission to protect national energy security, is committed to ensuring that divested assets are managed to generate sustainable and high production levels, ultimately ensuring 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.
