News
The Group
Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam
Mele Kyari, has charged the newly reconstituted Board of the Petroleum Products
Marketing Company (PPMC) to sustained all-season availability of products
across the country.
Mallam Kyari
who made the call Thursday while inaugurating the new Board of the
corporation’s downstream subsidiary at the NNPC Towers, Abuja, said PPMC was a
vital asset critical to the delivery of the corporation’s constitutional
responsibility of energy sufficiency to the nation.
“The PPMC is
the live wire of our country’s energy supply system. It is not just a business,
but a major strategic asset of this corporation operating in line with the
provisions of the laws of the country which says that NNPC must guarantee
energy sufficiency for this country,” he explained.
The GMD urged
members of the new Board to guide the company’s management in deepening its
focus on commerciality for greater value addition to the shareholders.
He said the company
has huge potentials that could help it overcome the challenges posed by the
current COVID-19 pandemic and oil price volatility, stressing that its network
of structure and competence for handling efficient products distribution
nationwide were second to none in the country.
He commended
the Management of PPMC for the recent encouraging performance as reported in
the audited financial statement and urged the team to improve on it.
In his remarks,
the Managing Director of PPMC, Mr. Musa Lawan, said that the company under his
watch would continue to focus on profitability and efficiency in marketing
refined petroleum products.
He emphasized
that energy security would continue to be a top priority as the company
continues on the path of automation of its services.
The
reconstituted Board of PPMC is made up of the NNPC Group Managing Director,
Mallam Mele Kyari, as Chairman; Chief Operating Officer, Downstream, Ms
Lawrencia Ndupu, as Alternate Chairman; Mr. Ibrahim Bello, as Secretary; Chief
Operating Officer, Upstream, Mr. Adokiye Tombomieye; and Managing Director of
PPMC, Mr. Musa Lawan.
Others members
are: Group General Manager, Corporate Planning & Strategy, Mrs.
Oritsemeyiwa Eyesan; Group General Manager, Accounts, Isiaku Abdullahi;
Executive Director, Shared Services, PPMC,
Mr. Kola Otitonaiye; and Executive Director, Commercial, PPMC, Mr.
Naheem Adi
Credit:
financialenergyreview.com
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