NNPCL boss, Mele Kyari, raises alarm over death threats

NNPCL boss, Mele Kyari, raises alarm over death threats

  • Mele Kyari has disclosed that he has been getting death threats from unknown persons
  • The boss of Nigeria's oil company, NNPCL says he is unperturbed by the threats and will continue with reforms in the sector
  • Nigeria has been confronted with the challenge of identifying the perpetrators of crude oil theft and curbing the criminal act.

Mele Kyari, the Group Chief Officer of the Nigerian National Petroleum Company Limited has raised alarm over a series of death threats he has been getting.

According to Punch, Kyari disclosed this while speaking at the House of Representatives Committee on Anti-Corruption-organised Legislative Transparency and Accountability Summit in Abuja.

NNPCL boss, Mele Kyari, raises alarm over death threats
Group Managing Director, Nigerian National Petroleum Company Limited
Source: Getty Images

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The NNPCL chief said the threats have come about as a result of the series of reforms that have been implemented in the oil and gas sector, but he remains undeterred by them. He said:

Without mincing words, I want to say that this industry is at a threshold of change. There is massive change going on and it is very expensive and of the personal cost to many people, including myself. There is a threat to life; I can say this. I have several death threats but we are not bothered about this. We believe that no one dies unless it is his time.

He however added that accepting the threats is part of the cost of change that must be implemented for the sector to experience the much-needed progress and flourish.

From NNPC to NNPCL

The NNPCL changed its status from the former Nigerian National Petroleum Corporation on Tuesday, July 19, 2022, at an event attended by President Muhammadu Buhari, according to Legit.ng.

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The new status gives transformed the former state-owned oil company to a fully Limited Liability Company as its operations are now fully compliant with the terms of the Companies and Allied Matters Act (CAMA) of 20.

Kyari had stated that with the new status of the company, the public should be able to buy shares as it considers issuing its Initial Public Offer (IPO) by 2024.

NNPCL dealing with crude oil theft

In recent years, Nigeria has been confronted with the challenge of identifying the perpetrators of crude oil theft and curbing the criminal act. Crude oil theft is said to have cost Nigeria a staggering $1 billion in revenue in the first quarter of 2022.

Oil theft, illegal bunkering and pipeline vandalism have resulted in huge revenue losses to Nigeria. It prevents the country from benefitting from the current global oil boom, according to a Legit.ng report.

However, with recent efforts and collaborations with the Nigerian Navy, Nigeria Security and Civil Defence Corps (NSCDC), the Nigerian Maritime Administration and Safety Agency (NIMASA), and Tantita Security Services, a firm operated by Ex-Niger Delta militant, Chief Government Ekpemupolo (alias Tompolo), the NNPCL seems to be making headway with recent discoveries of illegal pipelines and huge dump site used in storing stolen crude oil and illegally refined petroleum products.

Source: Legit.ng

Authors:
Victor Enengedi avatar

Victor Enengedi (Business HOD) Victor Enengedi is a trained journalist with over a decade of experience in both print and online media platforms. He holds a degree in History and Diplomatic Studies from Olabisi Onabanjo University, Ogun State. An AFP-certified journalist, he functions as the Head of the Business Desk at Legit. He has also worked as Head of Editorial Operations at Nairametrics. He can be reached via victor.enengedi@corp.legit.ng and +2348063274521.

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