By Sandra Umani
The Northern Awareness Network (NAN) has congratulated Mele Kyari on his retirement as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL). NAN Chairman Salihu Suleiman praised Kyari’s visionary leadership, which transformed NNPCL and laid a solid foundation for Nigeria’s economic future.
Kyari’s tenure was marked by a commitment to reform, transparency, and sustainability. His leadership coincided with President Bola Ahmed Tinubu’s economic reforms, sharing a vision for a prosperous Nigeria. This alignment reshaped Nigeria’s oil sector, steering it towards economic independence and operational efficiency.
One notable achievement was the settlement of a $2.4 billion debt with international oil companies (IOCs). This long-standing financial burden had hindered Nigeria’s oil sector growth. Clearing the debt liberated NNPCL from financial constraints, positioning it for sustainable investment and growth.
The Northern Awareness Network hailed this milestone as a testament to Kyari’s strategic foresight and dedication to fostering a robust economic environment. Kyari’s tenure also saw the complete removal of fuel subsidies, a bold move that liberated resources and opened investment avenues.
This reform created a stable economic landscape, allowing NNPCL to focus on core activities like improving gas infrastructure and expanding renewable energy efforts. These initiatives reflected Kyari’s understanding of Nigeria’s broader economic potential and commitment to positioning the nation as a regional energy leader.
Kyari’s extensive experience in the oil industry earned him the trust of various leaders. His ability to steer NNPC into a limited liability company improved financial stability and operational efficiency, setting a precedent for future management.
The remarkable strides made under his leadership enhanced Nigeria’s energy security and attracted foreign direct investment (FDI), with a historic milestone of $17 billion achieved during his tenure.
Kyari introduced initiatives addressing critical challenges in Nigeria’s oil sector, including crude oil theft, infrastructure decay, and investment constraints. Strategic measures boosted oil and gas production, secured energy supply, and improved efficiency.
As Kyari retires, the Northern Awareness Network expressed gratitude for his contributions and dedication to Nigeria’s oil and gas sector. They wished him well in his future endeavors, confident his legacy would inspire and guide NNPCL’s new management.
Looking ahead, NAN is optimistic the incoming leadership will build upon Kyari’s reforms. The commitment to transparency, efficiency, and sustainability must remain at the forefront of NNPCL’s agenda.
The path forward is filled with opportunities, and it is imperative the new management embraces Kyari’s vision to ensure Nigeria’s oil sector growth and development.
NAN stands ready to support ongoing efforts to enhance Nigeria’s energy sector. With right leadership and strategic direction, NNPCL can achieve greater heights, ensuring energy security and economic transformation for all Nigerians.
President Bola Ahmed Tinubu also celebrated Kyari’s leadership and achievements, commending his dedication and professionalism ¹. Kyari’s leadership has been instrumental in revitalizing NNPCL, recording notable achievements, including resuscitating two refineries and increasing domestic natural gas consumption.
Kyari’s ability to steer NNPC into a limited liability company significantly improved its financial stability and operational efficiency. His extensive experience in the oil industry has earned him the trust of various leaders.
The Northern Awareness Network’s recognition of Kyari’s achievements underscores the significance of his contributions to Nigeria’s oil and gas sector. As he retires, his legacy will continue to inspire and guide future leaders.
Kyari’s commitment to transparency, accountability, and sustainability has set a high standard for his successors. His dedication to Nigeria’s economic growth and development has left a lasting impact on the nation.
The incoming leadership at NNPCL must build upon Kyari’s reforms, ensuring the company remains committed to transparency, efficiency, and sustainability. This will guarantee Nigeria’s oil sector continues to grow and develop, driving economic transformation and energy security.
As Nigeria enters a new era in its oil and gas sector, the Northern Awareness Network’s celebration of Kyari’s achievements serves as a reminder of the importance of visionary leadership and dedication to national development.