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Kyari, breaking the jinx, creating prosperity for Nigerians at new NNPCL*
Kyari, breaking the jinx, creating prosperity for Nigerians at new NNPCL*
By Femi Aderotimi
The historic payment of interim dividend by the Nigerian National Petroleum Company Limited into the Federation Account less than three months into the stoppage of payment for fuel subsidy by the Federal Government has proven that Mallam Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPCL is indeed working for the good of Nigerians and the sustainability of the Nigerian oil and gas sector.
On July 7, 2019 when Kyari assumed the position of Group Managing Director of the now-defunct Nigerian National Petroleum Corporation (NNPC), the corporation was in a near comatose state. It was laced with many challenges ranging from grievous oil pipeline vandalism, corruption, incessant oil thefts, low production levels and lack of transparency.
For instance, a 2010 joint report by Transparency International and Revenue Watch Institute found that NNPC had the poorest transparency record out of 44 national and international energy companies examined.
These scenarios fundamentally put Kyari on the spot.
Kyari’s appointment which, however, came as a game-changer was with a clear mission – to revitalize the struggling corporation and send an unequivocal message that the corporation’s lukewarm governance narratives of the past are gone for good.
There was a lot of mess to clear, but Kyari was ready and he came in with his sleeves rolled up and expectedly, he didn’t disappoint.
With a vision boldly anchored on the principle of Transparency, Accountability, Performance and Excellence (TAPE), Kyari, under the defunct NNPC, demonstrated a fundamental grasp of what fossil energy means and the imperative of effective governance of the giant national oil company.
In June 2020, for the first time in 43 years, the Kyari-led NNPC released the 2018 Audited Financial Statements, and subsequently 2019, to the public for scrutiny, earning plaudits for the corporation from members of the public.
Significantly, in August 2021, the NNPC declared a N287 billion Profit After Tax (PAT) for 2020, for the first time in 44 years. Kyari’s magic wand played out as the corporation reduced its losses from N803 billion in 2018 to N1.7 billion in 2019, and the eventual declaration of a net profit in 2020. By fiscal 2021, the corporation’s profit grew to a profit level of N674 billion. Until this period, NNPC has been a loss-making entity, renowned for anomalies, undue political interference, and shades of burden.
Despite the numerous challenges, Kyari grew its production to an enviable level. As at February 2023, the NNPC crossed 1.6 million barrels per day of crude oil and condensate combined.
The achievements of Kyari under the now rested NNPC were numerous.
Amongst his other major landmark achievements was that he successfully flagged-off construction of the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project. The project, which is near completion and described as a game-changer, is an integral part of the Trans-Nigeria Gas Pipeline (TNGP) with a capacity to transport about 2.2 billion cubic feet of gas per day. Mallam Kyari also led the NNPCL to achieve a $300 million reduction in the cost of the AKK Gas Pipeline contract via contract renegotiation from the initial $2.8 billion.
Another of the most impressive accomplishments of Kyari’s stewardship at NNPC was the flag-off of the Kolmani Integrated Development Project in Bauchi State in November 2022, marking the commencement of effort to commercially exploit oil in the Northern part of Nigeria. It was deemed as one of the most massive projects. The Kolmani Oil Field, estimated to have a reserve of about one billion barrels of crude oil, OPL 809 and 810, lies in the Gongola Basin of the Upper Benue Trough, straddling Bauchi and Gombe States. The project will have the capacity to transport two billion standard cubic feet of natural gas daily to power plants in Abuja, Kaduna, Kano, and various gas-based industries, boosting the nation’s socioeconomic growth.
Mallam Kyari also touched the downstream operation of the NNPC with the introduction of Operation White, which has helped in streamlining petroleum products importation, supply, and distribution across the country.
As the then sole importer of petroleum products in the country, NNPC succeeded in keeping the nation well supplied.
*The New NNPCL*
Arguably, the signing of the Petroleum Industry Act (PIA) in August 2021 by former President Muhammadu Buhari was however a major breakthrough for Kyari as it opened the door for more significant changes in the national oil giant.
It is noteworthy that Kyari worked tirelessly to ensure the passage of the PIA, an initiative which is aimed at overhauling the country’s energy laws and creating a deregulated environment, freeing the oil sector from government control and unbundling the oil company.
The passage of the PIA gave birth to the new, refreshed, and rejuvenated Nigerian National Petroleum Company Limited (NNPCL).
The birth of the NNPCL in 2021 wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation.
The PIA empowered NNPCL to operate like every private company in Nigeria with exemption from the Fiscal Responsibility Act, Public Procurement Act and TSA in order to ensure there are no excuses for failure.
Following this milestone, Kyari, who is now the GCEO of NNPCL, initiated new investment benchmarks to further rejuvenate the once ineffective company.
At the launch of the new NNPCL, Mallam Kyari explained the ABC of the new oil company stressing that every Nigerian is a shareholder of the company.
According to him, “I’m happy to say this moment that this country is changing. And by the way, I can tell you we are the competition. We are NNPCL. We don’t create rules anymore. We are the competition.
“We will pay taxes; we will pay royalties like anyone; we will also pay dividends to our shareholders which many of you are. So, we are in business and business means competition. We are a private sector – forget about the fact that we are owned by the government 100 per cent.
“By the way, you are also aware, we are going Initial Public Offer (IPO) very soon, we’ll sell a part of our equity. It’s in the law, and once that happens, we will not be any different for any of you and it will be a very different business environment.”
In June this year, NNPCL, in a major landmark, signed four memoranda of understanding (MoUs) with five African countries as part of the Nigeria-Morocco gas pipeline (NMGP) project.
The deal was sealed with Morocco, Cote d’Ivoire, Liberia, Benin, and Guinea. The NMGP is a 5,600km gas pipeline project, traversing 13 African countries. The project would create an opportunity to monetize Nigeria’s abundant hydrocarbon resources by expanding access to energy to support economic growth, industrialization, and job creation across the country and beyond. The project will contribute to accelerating access to energy for all, improving the living conditions of the Nigeria populace, integrating the economies of the sub-region, and mitigating desertification.
In a major step towards bolstering Nigeria’s energy security and promoting the utilization of its abundant gas resources, the NNPCL and UTM Offshore Limited recently signed a Heads of Terms (HoT) agreement for the construction of the nation’s first indigenous Floating LNG project.
The oil company had explained that apart from significantly cutting down on gas flaring and supporting the country’s commitment to reducing carbon emissions, the project would also create over 7,000 job opportunities, contributing to the nation’s economic growth and development.
In his resolve to put an end to the business of oil thieves, Kyari introduced the “Crude Theft Monitoring Application” (CTMA) to check the theft of Nigeria’s oil. The CTMA, which has been helpful in preventing oil theft, has application options for reporting incidents, with prompt follow-up and responses. Additionally, the portal included a feature for validating crude sales documents.
Most recently, Kyari has continued to unclog the pores of the company by combating illegal refineries. His efforts at combating crude oil theft and illegal refineries were positive, leading to a significant spike in daily oil production, reaching 1.6 million barrels per day.
In the last weeks, in addition to several other breakthroughs, the NNPCL announced it busted 240 illegal refineries and pipeline vandalism in the Niger Delta region. A few weeks ago, a private security contractor engaged by the national oil company also intercepted a vessel conveying 800,000 litres of stolen crude oil at an offshore location. The vessel was heading to Cameroon. It was later destroyed.
This is, however, a testament to Kyari’s resolution to completely eradicate the business of oil thieves in the country.
All of these recent achievements and breakthroughs have stemmed from the leadership of the resilient man who is leaving no stone unturned in transforming Nigeria’s oil and gas sector via transparency, accountability driven policies.
Overall, the implementation of the PIA and NNPCL’s consolidation deals have set Nigeria’s oil and gas industry on a transformative path, unlocking opportunities for growth and prosperity in the sector.
*• Aderotimi, a public affairs commentator, wrote from FCT, Abuja.*
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Meet the Newly Appointed Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ekwe Ibas
Meet the Newly Appointed Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ekwe Ibas
By George Omagbemi Sylvester
In a significant development for Rivers State, Vice Admiral Ibok-Ete Ekwe Ibas (retired), a decorated former Chief of the Naval Staff, has been appointed as the Sole Administrator of the state. With an illustrious career spanning over four decades in the Nigerian Navy and a wealth of experience in leadership, administration, and strategic governance, Vice Admiral Ibas is poised to bring his expertise to bear in steering the affairs of Rivers State.
Born on 27 September 1960 in Nko, Cross River State, Vice Admiral Ibas began his educational journey at Nko Primary School and later attended the prestigious Hope Waddell Training Institute in Calabar. His academic pursuits took him to the Nigerian Defence Academy (NDA), where he was commissioned as a Sub-Lieutenant in 1983, marking the beginning of a distinguished military career.
Throughout his service in the Nigerian Navy, Vice Admiral Ibas attended numerous military courses both locally and internationally. These included the Sub-Lieutenant Technical Course in India, Primary Pilot Training in Kaduna, and specialized training in Amphibious Warfare at the United States Marine Corps University. He also holds a Master’s Degree in Defence and Strategic Studies from Quaid-I-Azam University in Islamabad, Pakistan, underscoring his commitment to continuous learning and professional development.
Vice Admiral Ibas has held several key appointments in the Nigerian Navy, including Commanding Officer of the Nigerian Navy Underwater Warfare School, Director of Maritime Warfare at the Armed Forces Command and Staff College, and Chief of the Naval Staff from 2015 to 2021. His tenure as the 20th indigenous Chief of the Naval Staff was marked by significant reforms and modernization of the Nigerian Navy. After retiring from active service, he served as Nigeria’s High Commissioner to the Republic of Ghana from 2021 to 2023, further solidifying his diplomatic and administrative credentials.
A recipient of numerous awards and decorations, including the Distinguished Service Star and the Admiralty Medal, Vice Admiral Ibas is widely respected for his dedication to service and excellence. His professional affiliations include membership in the Nigerian Institute of International Affairs (NIIA), the Nigerian Institute of Management (NIM), and the US Naval Institute, among others.
Beyond his professional achievements, Vice Admiral Ibas is a family man, happily married to Mrs. Theresa Ibas, with whom he shares children. He is also an avid reader, documentary enthusiast, and golf player, reflecting a well-rounded personality.
As the newly appointed Sole Administrator of Rivers State, Vice Admiral Ibas brings a wealth of experience, discipline, and strategic vision to the role. His appointment is expected to usher in a new era of effective governance, stability, and development for the state. Residents of Rivers State and stakeholders across the nation are optimistic that his leadership will address critical challenges and drive progress in the region.
With his proven track record in leadership and administration, Vice Admiral Ibok-Ete Ekwe Ibas is well-positioned to navigate the complexities of governance in Rivers State and deliver on the expectations of the people. His appointment marks a new chapter in the state’s journey toward peace, prosperity, and sustainable development.
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From Naval Command to Political Helm: The Strategic Appointment of Vice Admiral Ibok-Ete Ekwe Ibas as Sole Administrator of Rivers State
In a momentous turn of events, the Federal Government of Nigeria has appointed Retired Vice Admiral Ibok-Ete Ekwe Ibas as the Sole Administrator of Rivers State. This decision, made amidst deepening political turmoil and administrative stagnation in the state, is more than a routine bureaucratic reshuffle—it is a calculated, strategic deployment of discipline, integrity, and experience into a system yearning for visionary leadership.
Vice Admiral Ibas, a seasoned and decorated officer of the Nigerian Navy, brings to the office over four decades of military excellence, administrative acumen, and diplomatic experience. His trajectory from the hallowed halls of the Nigerian Defence Academy to the apex of naval leadership, and later to diplomacy as Nigeria’s High Commissioner to Ghana, reads like a blueprint of what transformational leadership should entail.
A Lifelong Journey of Service and Excellence
Born on 27 September 1960 in Nko, Cross River State, Ibas represents the very quintessence of the disciplined Nigerian elite class. His early education at Nko Primary School and Hope Waddell Training Institute laid the foundational values of hard work and resilience. His commissioning as a Sub-Lieutenant in 1983 marked the beginning of an extraordinary journey through the ranks of the Nigerian Navy.
The Admiral’s intellectual arsenal is as formidable as his professional résumé. Armed with a Master’s Degree in Defence and Strategic Studies from Quaid-I-Azam University in Islamabad, Pakistan, Ibas also underwent rigorous military training in India, the United States, and Nigeria. From amphibious warfare to naval command strategy, he is a product of global military best practices.
His leadership as the 20th indigenous Chief of the Naval Staff from 2015 to 2021 ushered in a wave of modernization in the Nigerian Navy. Under his command, the navy enhanced its blue-water capabilities, improved coastal security infrastructure, and engaged in sustained anti-piracy operations that significantly reduced maritime crime in the Gulf of Guinea.
“A Leader is a Dealer in Hope” – Napoleon Bonaparte
The appointment of Ibas to steer the affairs of Rivers State comes at a time when the state’s political machinery is in dire need of recalibration. Mistrust among stakeholders, factional disputes within political parties, and a mounting sense of disillusionment among the populace have rendered Rivers one of the most politically volatile regions in the country.
As Napoleon Bonaparte aptly stated, “A leader is a dealer in hope.” In Ibas, Rivers State has not just a seasoned administrator, but a harbinger of restored faith in governance. His military background guarantees structure, discipline, and zero tolerance for mediocrity—qualities painfully absent in recent state administrations.
Strategic Governance and National Security
Rivers State is not just any region—it is the economic jugular vein of Nigeria, home to the largest crude oil and gas reserves and host to key multinational corporations. Mismanagement in such a state does not just affect its citizens—it reverberates across the nation. The implications for national security, economic stability, and foreign investment are far-reaching.
According to renowned economist Prof. Pat Utomi, “Nigeria’s underdevelopment is not a function of lack of resources, but of a crisis of leadership.” The appointment of Vice Admiral Ibas signals a deliberate effort to correct this systemic dysfunction by inserting competence where confusion has reigned.
Discipline Meets Diplomacy
Beyond the battlefield, Ibas has proved his mettle in diplomacy. His tenure as High Commissioner to Ghana from 2021 to 2023 was marked by strengthened bilateral relations, increased trade dialogue, and deft handling of diplomatic tensions between both nations. Such experience is invaluable in a complex state like Rivers, where tribal politics, oil revenue disputes, and youth restiveness intertwine dangerously.
As former UN Secretary-General Kofi Annan once observed, “Good governance is perhaps the single most important factor in eradicating poverty and promoting development.” Ibas is not stepping into office as a politician scrambling for power, but as a strategist focused on delivering results and fostering peace.
A New Era for Rivers State
For years, Rivers has been caught in a cycle of political godfatherism, resource mismanagement, and underdevelopment. Infrastructure decay, unemployment, environmental degradation from oil exploration, and insecurity have become daily realities. The intervention of a respected, non-partisan, and capable administrator offers a real chance to break this vicious cycle.
In the words of American political scientist Francis Fukuyama, “What underpins institutions is not just formal rules, but trust, social norms, and leadership.” The Admiral’s sterling record fosters trust. His discipline shapes social norms. His leadership is untainted by the corrupt patronage systems that plague many civilian administrations.
Public Expectations and the Road Ahead
The expectations are undeniably high. From civil servants demanding efficient administrative processes to youth clamoring for jobs and entrepreneurs hoping for a friendlier business environment, all eyes are now on the new administrator.
There is optimism that he will prioritize infrastructure renewal, reform public procurement processes, combat oil theft, and champion environmental sustainability. Ibas’s known affinity for structure and strategic thinking suggests he will approach governance as a well-planned mission—defined goals, tactical operations, and measurable outcomes.
As Peter Drucker, the father of modern management, famously said, “Management is doing things right; leadership is doing the right things.” Vice Admiral Ibas is expected to do both.
Echoes of National Implication
While the appointment is specifically for Rivers, the broader national significance cannot be overlooked. In a country where appointments are often made on the basis of patronage, ethnicity, or political alignment, this one bucks the trend. It sends a powerful message: merit and experience still matter.
This move may well set a precedent for future engagements, particularly in crisis-prone regions. If successful, it could ignite a renewed conversation on how non-political technocrats, retired military officers, and seasoned administrators can contribute to nation-building beyond the barracks or diplomatic missions.
Conclusion: A Return to Values-Based Leadership
Vice Admiral Ibok-Ete Ekwe Ibas is not just assuming office; he is assuming responsibility for the hopes of millions in Rivers State. He is stepping into history at a time when leadership is often equated with loud rhetoric rather than quiet competence. His calm demeanor, razor-sharp intellect, and unwavering commitment to excellence mark him as a different kind of leader.
As South African anti-apartheid icon Nelson Mandela once said, “It is better to lead from behind and put others in front… especially when you celebrate victory when nice things occur. You take the front line when there is danger.” The people of Rivers State need such a servant-leader—firm yet fair, silent yet strategic, humble yet highly effective.
If Vice Admiral Ibas delivers—as many believe he will—then Rivers State may not only emerge from its current political turbulence but may also set the standard for governance in Nigeria’s fragile federal structure.
The ship has been handed over. The sails are up. All that remains is for the Admiral to navigate the turbulent waters of political expectation, economic uncertainty, and social fragmentation—and steer Rivers State into a harbor of peace, prosperity, and progress.
I Want More Babies with My Ex—Not Marriage!” — Wumi Toriola Shocks Fans with Bold Confession
LAGOS, NIGERIA – In a revelation that has left fans stunned and the internet buzzing, popular Nollywood actress Wumi Toriola has openly declared that she has no interest in getting married again — but still wants to have more children with her ex-husband.
The outspoken actress, known for her fiery roles on screen and blunt takes off-screen, made the confession in a recent interview that has gone viral across social media.
“I’m not interested in getting married now, but I want to have more babies with my ex-husband,” she said without hesitation.
Toriola, whose marriage ended in 2023, explained that despite their separation, she and her ex-husband maintain a solid co-parenting relationship — and even share mutual respect when it comes to parenting.
“My ex-husband told me that I may not be a good wife to him if we come back together,” she revealed.
“But he also told me that I’m a good mother to our children.”
A Marriage Built on Conflict
In a tell-all moment last year, the actress disclosed that the marriage broke down due to constant emotional clashes, with her ex allegedly throwing past mistakes in her face during arguments — a pattern she said became too toxic to continue.
Yet, in a twist that has captured public attention, Toriola seems to be embracing a non-traditional family dynamic, openly stating her desire for more children with a man she no longer sees herself marrying.
“More Babies, No Ring”
Her candid take has ignited hot debates across social media, with fans divided — some praising her honesty and progressive mindset, others questioning the complications such an arrangement might bring.
While her ex-husband is reportedly not remarried, Toriola admitted she doesn’t know if he is in a new relationship, but emphasized that their current parenting arrangement is working just fine.
Social Media Reactions
Reactions have been pouring in:
“This woman is just being real. Marriage isn’t for everyone.” — @RealtalkNaija
“More babies with your ex? Sounds like a soap opera plot.” — @AmakaUnfiltered
“Respect to her for owning her truth, but I hope the kids are okay in all this.” — @ParentingNg
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