NNPCL GCEO, Mele Kyari, Receives Daily Assets Newspapers‘ Man of the Year Award for Transforming Oil and Gas Sector
The Nigerian National Petroleum Company Ltd (NNPCL) has proudly announced that its Group Chief Executive Officer, Mallam Mele Kyari, has been honored with the prestigious ‘Man of the Year’ Award by Daily Asset Newspapers. This recognition comes in acknowledgment of Kyari’s remarkable efforts in enhancing transparency, accountability, and investor confidence in Nigeria’s oil and gas sector.
The award ceremony, held in Abuja during the 7th Annual Awards and Lecture of Daily Assets, celebrated Kyari’s outstanding leadership, which has significantly revitalized the nation’s energy industry. Dr. Cletus Akwaya, Publisher/Editor-in-Chief of Daily Asset, praised Kyari’s transformative approach, innovative policies, and unwavering commitment to transparency and accountability, which have propelled unparalleled growth and achievements in the sector.
In his acceptance speech, Kyari, represented by Murjanatu Gamawa, Head of Business Ethics Department at NNPCL, expressed deep gratitude for the recognition, attributing the success to the collective efforts of the entire NNPCL team and stakeholders. He emphasized the company’s dedication to combatting energy poverty and ensuring energy security for Nigeria, highlighting ongoing initiatives to revamp refineries and attract investments.
Kyari’s tenure at NNPCL has been marked by significant reforms, including the transformation of the formerly opaque corporation into a transparent entity poised for listing on the stock market. Upon assuming office in 2019, Kyari inherited a corporation grappling with various challenges, from corruption to operational inefficiencies.
Under his leadership, NNPCL has undergone a remarkable turnaround, characterized by increased transparency, publication of financial reports, and innovative initiatives to enhance operational efficiency. Kyari’s initiatives, such as the establishment of a new trading subsidiary and the launch of the Nigerian Petroleum Exchange, have been instrumental in modernizing the industry and attracting investments.
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Notable achievements during Kyari’s tenure include significant cost savings in major projects like the AKK Gas Pipeline and the successful closeout of the NLNG Train 7 Project. His strategic vision and decisive leadership have positioned NNPCL as a key player in Africa’s downstream sector and a catalyst for Nigeria’s energy transition.
Kyari’s dedication to transparency, accountability, and strategic initiatives has not only restored investor confidence but also set a new standard for governance in Nigeria’s oil and gas sector. As he continues to steer NNPCL towards greater heights, Kyari’s legacy as a transformative leader in the energy industry is firmly established
