By Ochagwue Odeh
The Northern Awareness Network (NAN) has extended its heartfelt congratulations to Mele Kyari as he transitions into retirement after a distinguished tenure as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL).
In a statement issued by its Chairman, Salihu Suleiman, NAN commended Kyari for his visionary leadership, which has transformed NNPCL, revitalized the oil sector, and laid a solid foundation for Nigeria’s economic future.
“Mele Kyari’s tenure is marked by a profound commitment to reform, transparency, and sustainability,” the statement read.
His leadership coincided with President Bola Ahmed Tinubu’s ambitious economic reforms, both of which embody a shared vision for a more prosperous Nigeria.
The alignment of their objectives, NAN noted, was instrumental in reshaping the landscape of Nigeria’s oil sector, steering it towards economic independence and operational efficiency.
One of the most notable achievements under Kyari’s leadership was the successful settlement of a $2.4 billion debt with international oil companies (IOCs).
NAN described this as a significant milestone that lifted a major financial burden and positioned NNPCL as a debt-free entity, fully prepared for sustainable investment and growth.
“This achievement is a testament to Kyari’s strategic foresight and dedication to fostering a robust economic environment,” NAN stated.
His tenure also witnessed the complete removal of fuel subsidies, a bold move that, while initially challenging, has liberated resources and opened avenues for investment.
The reform, according to NAN, created a more stable economic landscape, allowing NNPCL to focus on its core activities, such as improving gas infrastructure and expanding renewable energy efforts.
“These initiatives reflect Kyari’s understanding of Nigeria’s broader economic potential and his commitment to positioning the nation as a regional energy leader,” NAN emphasized.
Furthermore, NAN highlighted Kyari’s extensive experience in the oil industry, noting that his leadership under multiple administrations earned him the trust of various leaders.
His ability to transform NNPCL into a limited liability company significantly improved its financial stability and operational efficiency.
“The remarkable strides made under his leadership have not only enhanced Nigeria’s energy security but have also attracted foreign direct investment (FDI), with a historic milestone of $17 billion achieved during his tenure,” the group noted.
NAN credited Kyari’s strategic initiatives for tackling critical challenges that had long plagued Nigeria’s oil sector, including crude oil theft, infrastructure decay, and investment constraints.
Through his reforms, he bolstered oil and gas production, secured energy supply, and improved operational efficiency.
“By implementing these strategic measures, Kyari has laid the groundwork for a more resilient and prosperous oil industry,” NAN added.
As Kyari steps into retirement, NAN expressed profound gratitude for his contributions and unwavering dedication to the betterment of Nigeria’s oil and gas sector.
“We wish him all the best in his future endeavors, confident that his legacy will continue to inspire and guide the new management of NNPCL,” the statement said.
Looking ahead, NAN expressed optimism that the incoming leadership would build upon the reforms initiated by Kyari and President Tinubu, ensuring that transparency, efficiency, and sustainability remain at the forefront of NNPCL’s agenda.
“The path forward is filled with opportunities, and it is imperative that the new management embraces the vision established by Kyari to ensure the continued growth and development of Nigeria’s oil sector,” NAN stated.
The group reaffirmed its commitment to supporting ongoing efforts to enhance Nigeria’s energy sector, emphasizing that with the right leadership and strategic direction, NNPCL can achieve even greater heights.
“We believe that with visionary leadership, NNPCL can continue to drive Nigeria’s energy security and economic transformation,” NAN concluded.
NAN urged the new leadership to prioritize the completion of ongoing projects, including the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project.
The group also emphasized the need for increased investment in renewable energy sources, such as solar and wind power, to reduce Nigeria’s reliance on fossil fuels.
In addition, NAN called for greater transparency and accountability in the management of Nigeria’s oil resources, ensuring that the benefits of the sector are equitably distributed among all stakeholders.
The group expressed confidence that with the right leadership and policies in place, Nigeria’s oil and gas sector can continue to drive economic growth and development.
NAN reiterated its commitment to supporting the new leadership of NNPCL, ensuring that the company remains a key driver of Nigeria’s economic development.
The group urged all stakeholders to work together to ensure the continued success of NNPCL, driving economic growth and development for the benefit of all Nigerians.
As Kyari begins his retirement, NAN reflected on his legacy, noting that his contributions to Nigeria’s oil and gas sector will be remembered for generations to come.
The group expressed gratitude to Kyari for his service, wishing him all the best.