NNPC GMD Kyari parleys with NAEC on Oil and Gas matters

Yesterday, the GMD @NNPCgroup Mallam @MKKyari held a media parley with energy journalists under the auspices of the National Association of Energy Correspondents (NAEC) in Abuja.
The GMD spoke on wide-ranging issues and developments within the @NNPCgroup and the larger Oil & Gas Industry.

Excerpts:

GMD @MKKyari: “We went ahead & published the 2019 audited report & were able to learn and cut cost & became more efficient. There is no company in the country which has cut its losses within one financial year by N800bn. We have improved efficiency by cutting 97% in our losses”

GMD @MKKyari: “Our vision is that #NNPC will become a company of excellence and declare dividends to Nigerians and shareholders. We are optimistic that at the end of 2020, #NNPC should be able to declare dividends to #Nigerians in spite of the impact of the COVID-19 pandemic.”

GMD @MKKyari: “These are truly difficult times for our Industry. But I am proud to say that we were able to maintain our obligations to the Federation Account for seven months without any fail despite the huge impact of the #COVID-19 pandemic on the oil and gas industry.”

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