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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.*
TINUBU IS THE WISEST MAN EARTH -PROPHET IKURU.
by Collins Nkwocha
Nigerian prophet, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos magnetized everyone’s attention when he referred to the president, Bola Ahmed Tinubu as the wisest man on earth regarding the appointment of Daniel Bwala as special Adviser on policy communications.
Speaking to reporters today in Lagos,
Prophet Ikuru applauded the president for choosing him and enunciated that he’s capable of delivering effectively and marketing the Renewed Hope Agenda of the president and urged Nigerians to stop the criticism because of what he said in the past “I’m personally happy with his appointment and I urge Nigerians to forget about the past, forget about what he must have said about the president some years ago which people are now disseminating on the social and taunting him a betrayal that lacks integrity, Nigerians should forget his past because he’s the best choice”.
Prophet Ikuru insisted that Bwala saw the sincerity and genuity of the president’s Renewed Hope Agenda and he decided to partake in it “even if he criticized the president, it was in the past, he saw the sincerity in the Renewed Hope Agenda and decided to join in nation building ,the president is ready to unite everyone in order to build Nigeria,that’s why someone like Wike is in his government,Bwala has what it’s required to be successful under Mr.president, as a wise man, the president saw it and decided to harness it ”
Finally, he praised Tinubu and referred to him as a great leader who is ready to involve everyone in his government, he maintained that his wisdom is magnanimous ,Baba is truly the wisest man on earth.
U.S. Courtroom Shock: Funke Ashekun, Husband Collapse as MFM Wins
Had FFK Faced Mehdi Hassan, Nigeria Would Have Spoken With Fire
By Mohammed Bello Doka
In politics, timing is everything. In diplomacy, character is everything. And in moments of national importance, leadership must be entrusted to individuals who possess not only experience but courage, intellect and an unshakable commitment to the nation they represent.
It is for this reason that the appointment of Chief Femi Fani-Kayode as Nigeria’s Ambassador to a foreign nation stands out as one of the most consequential diplomatic decisions in recent years.
Chief Femi Fani-Kayode, better known in the South as “FFK” and in the North as “Sadauki”, is one of the most brilliant, experienced, accomplished, vocal, respected, educated, profound, intellectual, patriotic, disciplined, well-read, historically literate, versatile, forceful, persuasive, sophisticated, cosmopolitan, charming, eloquent, courageous and resilient men in Nigerian politics and he has paid his dues and proved his worth over the last 35 years in politics and political discourse.
In each role he has played he has excelled and succeeded even when he was in opposition.
His friends value him as a great and loyal defender and his traducers and political adversaries fear and respect him because when he goes to war he is utterly relentless, takes no prisoners and literally spits fire.
How I wish it was him that was interviewed by Mehdi Hassan of Al Jazeera and not the young and inexperienced Daniel Bwala because he would have not only humbled Hassan but also done Nigeria proud.
He played Bwala’s present role in the Presidential Villa 23 years ago as President Olusegun Obasanjo’s spokesman and not only brought the then President’s domestic enemies to their knees but also had a series of very hot exchanges with foreign Government officials like America’s Under-Secreatary of State for Africa Jendaye Fraser and the White House over the Charles Taylor issue and Liberia.
Tinubu decision to appoint him as an Ambassador for our nation was a wise one because he will fight for and protect the interests of Nigeria and the Nigerian community whetever he goes and will never sell his soul or bow to foreign imperialist interests.
His appointment is not about just rewarding loyalty for the key role he played in Tinubu’s presidentiel campaign organisation as Director of New Media and Special Operations in 2023 and the staunch support he has given the President over the last three years but also about putting a square peg in a square hole.
If you want to put Nigeria first Sadauki is the one to do it.
If he runs the Nigerian Mission in the country that he is sent to in the same way he ran the Ministry of Culture and Tourism and the Ministry of Aviation when he was Minister to each of them one after the other twenty years ago he will do very well and both our nation and whichever nation he is posted to itself will benefit from his efforts.
History teaches that diplomacy is most effective when nations deploy individuals who possess both intellect and courage.
As the American statesman Henry Kissinger once noted, “Diplomacy is the art of restraining power.”
To do so successfully requires deep historical awareness and strategic clarity—qualities that have long defined Fani-Kayode’s political career.
Sending a politically seasoned voice like FFK to any nation that is a key partner to Nigeria signals that Bola Ahmed Tinubu intends to strengthen Nigeria’s diplomatic posture with confidence.
Throughout more than three decades in the political arena, Fani-Kayode has remained one of the most resilient and outspoken figures in Nigerian public life despite numerous challenges which would have broken and destroyed lesser men.
Regardless of all that was thrown at him he continues to pull through and come out victorious which is why many refer to him as the “Akanda Eledumare” and the “Ayanfe Oluwa” which mean “the strange one of God” and “the beloved of the Lord”.
There appears to be a divine dimension to his life that makes him unstoppable and irrepressible even though his enemies are legion.
One wonders what sets him apart and makes him so different.
There is no doubt that his education played a part in it and this set him apart from most.
He never went to school in Nigeria but was educated from the age of eight in England starting off at Holmewood House School in Kent, one of the UK’s best and most famous Preparatory schools, after which he attended the famous Harrow School just outside London which is, together with Eton College, an institution that is the exclusive preserve of high society in the UK, one of the two best private schools in that country where only the ruling elite, the rich, the well-to-do, the famous and only a tiny proportion of those in British high society can afford or even qualify to attend.
No less than eight British Prime Ministers, including the great Sir Winston Churchill, and countless British cabinet ministers attended Harrow and so did many leaders, diplomats and top politicians from many foreign countries.
After finishing at Harrow he attended some of the top universities in the world, including London University (SOAS) and Cambridge University (Pembroke College) where he did so well.
As a matter of fact his great grandfather, Rev. Emmanuel Adelabi Kayode, attended Furrough Bay College which at that time was part of Durham University and graduated with an MA (Hons.) in Theology in 1893. His grandfather Justice Adedapo Kayode attended Cambridge University (Selwyn College) where he studied law and graduated in 1922. His father Chief Remilekun Fani-Kayode attended Cambridge University (Downing College) where he studied law and graduated in 1943. Sadauki himself graduated in law at Cambridge University (Pembroke College) in 1984 whilst his daughter Folake Fani-Kayode graduated from Durham University in 2009.
No African family has an uninterrupted streak of 116 years of Oxbridge-level university graduates except for the Fani-Kayode’s which is something that both his family and every patriotic Nigerian should be proud of.
It therefore makes perfect sense that a man from such a distinguished pedigree and intimidating lineage and that has such an extraordinary intellectual heritage should represent Nigeria on the international stage.
There is also his role in the debate on Gaza which made him a hero in the eyes of millions of people in the Global South both amongst Christians and Muslims.
He spoke out consistently about what he described as the genocide being committed against the Palestinians and he was prepared to put his life and career on the line for this cause even though most Nigerian leaders and politicians refused to say what he was saying publicly out of fear of the Zionist lobby and the Jewish state.
His sense of patriotism is unquestionable and nothing reflects this better than his series of essays written against Kemi Badenoch, the leader of the British Opposition Conservative Party and his write up against one Ben Llewelyn-Jones, who at that time was the Deputy British High Commissioner to Nigeria, when the former consistently sought to insult and denigrate Nigeria and the Nigerian people and the latter attempted to interfere in our internal affairs by making statements in support of Peter Obi and his Obidients in the 2023 presidential elections.
Sadauki successfully put them both in their place and when American Senator Ted Cruz, President Donald Trump, Congressman Tim Riley and other American politicians began to peddle the false narrative and fake gospel of Christian genocide and persecution in Nigeria Sadauki, a devout Christian himself, rose to the challenge and more than any other Nigerian wrote about the issue in a series of essays pointing out the fact that as many Muslims were being killed as Christians by the terrorists in our country and that Christians were not being persecuted by our Government and are in fact faring better when it comes to positions in the security apparatus and governance under Tinubu than they did in the previous administration.
He also spoke out boldly against President Trump and his administration when they accused the Government of South Africa of indulging in genocide against the white minority population in their country and pointed out the fact that South Africa, like Brazil, was a shining example of a successful multi-ethnic, multi-religious and multi-cultural nation that was treating its white minority population with the greatest respect. Few Africans said a word to defend South Africa at the time even though they knew that Trump was wrong but Sadauki did so without thinking twice.
He is clearly a strong Pan-Africanist and a believer in the importance of the African Union, African solidarity, the BRICS coalition and the Global South alliance comprising of China, Russia, South Africa, India, Saudi Arabia, Turkey and other emerging world powers.
This is commendable and it reflects his courage and disdain for those that display ignorance, disdain and contempt for our nation and people and that seek to denigrate and misrepresent us.
Sadauki is not the type that bows and quivers before Westerners like so many other Nigerian leaders and politicians but rather takes pride in his Nigerian culture, race, heritage and identity and is prepared to defend us and speak for us no matter whose ox is gored and who is involved.
In an increasingly competitive global environment, Nigeria requires diplomats capable not only of negotiation but also of defending national interests with conviction.
If the energy, eloquence and intellectual fire that have defined Fani-Kayode’s political life accompany him to the country to which he has been posted, his tenure may well become one of the most consequential chapters in Nigeria’s modern diplomatic engagements.
I wish him well and I thank God that he is back in the saddle of public office after so many years.
What more could any of us ask of this great and noble son of Nigeria?
This is undoubtedly the quality of personnel and leaders that we need on the international stage.
I hope and pray that in his endeavours and during the course of his work he meets with Mehdi Hassan in a debate and prove to him and the rest of the world that Nigeria still has men that can not only match them but that can also remove their trousers in any verbal encounter. Bwala put us to shame but FFK can redeem us before the eyes of the world.
(Mohammed Bello Doka, the author of this essay, is the publisher of Abuja Network News and can be reached via [email protected])
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