Kyari Assures Indigenous Shipping Coys of Support

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Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari (right) with Mr. Hassan Bello, Chairman of the Nigerian Fleet Implementation Committee Committee at a meeting in the NNPC Towers, Abuja.,

The has expressed its readiness to support indigenous fleet owners to enjoy greater patronage and participation the oil and business Nigeria.

The Group Managing Director NNPC, Mallam Mele Kyari, gave the assurance while playing host to members the Nigerian Fleet Implementation Committee who paid a working visit to the NNPC Towers, Abuja, on Wednesday.

Mallam Kyari said with the scale the Corporation’s activities the sector, NNPC would get active in the affairs the Fleet Management Committee with a view to strengthening the synergy between the Corporation and the private sector.

“We believe in this process, we will ensure Nigerian enjoy a greater patronage in the business henceforth,” Kyari assured.
Speaking earlier, Chairman of the Committee, Mr. Hassan Bello, said Nigeria was losing $1.9bn to ship owners annually while appealing to the GMD to encourage NNPC subsidiaries to always engage indigenous shipping companies in their businesses.

He urged NNPC to grant local shipping companies the right of first refusal in crude oil lifting contracts, saying it would help grow the and sustain their businesses.
The Chairman noted the Committee was set up three years ago by the Federal Ministry of Transportation with a mandate to promote Nigerian ownership of and vessels to enable local companies control of the shipping business which is in line with the economic diversification policy of the Federal Government.

Dr. Kennie Obateru
Group General Manager
Group Affairs Division,
Nigerian National Petroleum Corporation
NNPC Towers, Abuja.
4th December, 2020.