• Privacy Policy
  • Terms
  • About us
  • Contact Us
Tuesday, July 5, 2022
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Natural Resources

NNPC commits to development of host communities

The Matters Press by The Matters Press
January 3, 2022
Reading Time: 4 mins read
0
Stakeholders commend NNPC for good performance

The Nigerian National Petroleum Company (NNPC) Limited has committed to further deepen ties with its host communities as it begins activities for 2022.

RELATED POSTS

DMO lists 2 Nigeria’s savings bonds for subscription

Naira falls to dollar at Investors and Exporters window

Scraping, abandoning Ajaokuta steel coy will be a waste — DG

NNPC gave the assurance through the Nigerian Petroleum Development Company Limited (NPDC), one of its upstream subsidiaries.

In achieving this, NPDC, recently organised a novel community support programme called SpudBaby and a maiden presentation ceremony in Eastern Obolo Local Government Area (LGA) of Akwa Ibom State.

The ceremony took place on Dec. 17, 2021, at the Okoroete Town Hall of Eastern Obolo and was attended by top dignitaries in the LGA, including the Paramount Ruler of Eastern Obolo, His Royal Majesty Harry Etetor.

Speaking during the event at one of the company’s host communities in OML 13, Managing Director of NPDC Engr. Ali Zarah commended the community and its leaders for their support.

The MD, who was represented by Deputy Manager of Community Relations, Mr Luwei Doubra, noted that the Spud Babies initiative was an indication of NPDC’s commitment to strengthen collaborations with the communities and contribute to their wellbeing.

ALSO READ  Trading in Stock market dips by N11bn

Others in attendance were Clan Head of Iko community, His Royal Majesty, Chief Isaiah Thomas Okonko and Medical Director of Eastern Obolo Health Centre, Mrs Unyime Eyibio Asuquo.

Speaking on behalf of the host communities in Eastern Obolo, the Paramount Ruler, His Royal Majesty, Harry Etetor, commended NPDC Management for its innovation adding that the event was the first of its kind in the history of the State.

He tasked other oil companies to emulate NPDC’s gesture.

On his part, the Iko Clan Head, His Royal Majesty, Chief Isaiah Thomas Okonko assured the NPDC Management of his community’s determination to provide an enabling environment to continue its operations without undue interruption.

The programme identified children born within the host communities at the time of Well Spudding activities, and grants were offered to mother and child.

Beneficiaries were identified, not only from the immediate community hosting the well, but across the entire local government area of the community.

The move was aimed at encouraging women to patronise health facilities by providing incentives to mothers who patronise government primary health centres.

Highpoint of the event was the presentation of one hundred thousand Naira to 29 mothers.

ALSO READ  NNPC distributes 1bn litres of fuel nationwide

Mrs Keziah Ekanem, one of the beneficiaries commended NPDC, describing the gesture as unprecedented.

Mrs Ekofuk Loveday, who gave birth at the Obolo Health Centre, said the grant was like a dream to her.

She urged the company to continue on the path of its good deeds.

Meanwhile, NPDC Limited would add additional 40,000 barrels of oil per day to the nation’s crude oil production from its Oil Mining Lease, (OML) 13 in 2022.

The Manager, OML 13, Engr. Ahmed Modibo said the first oil of 25,00 barrels would be delivered by the end of first quarter of 2022 and that production would subsequently peak at 40,000 bpd by the end of the year.

“NPDC has a programme schedule and so far the drilling activity is progressing accordingly. Based on progress made so far, NPDC is firmly on track to deliver first oil at the end of first quarter of 2022,” Modibbo said.

OML 13 was first operated by Shell until 1983 when it was decommissioned.

The asset has 14 fields, out of which one was fully developed by its former operator. Three of the fields are farmed out to marginal operators.

The acreage has a large crude oil and gas reserve.

ALSO READ  Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

In 2017, the Federal Government awarded the facility to NPDC, but by the time the company re-entered the asset, it had been completely vandalised by third parties.

In a bid to boost revenue in the oil and gas industry, the Nigerian Pipelines and Storage Company Limited (NPSC) has been urged to evolve new ways to boost its revenue generation and ensure cost optimisation.

NNPC’s Group Executive Director, Downstream, Engr. Adeyemi Adetunji gave the charge at a retreat organised by the NPSC.

Adetunji reiterated the need for the company to align itself with the post PIA NNPC

Speaking earlier, the Company’s Managing Director, Engr. Mansur Sambo said the aim of the retreat was to identify key challenges, best possible solutions, and strategies to make NPSC viable and sustainable in a PIA-driven era.

Sambo explained that the essence of bringing together all managers across NPSC was to identify the necessary steps that would reactivate and revitalise the revenue drivers as well as optimise the company’s operational cost.

He charged the managers to be bold in making necessary business decisions, while assuring them of management’s commitment and support towards the delivery of the company’s mandates to grow and sustain its business.

Tags: NNPC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria floats $4bn Eurobonds
Economy

DMO lists 2 Nigeria’s savings bonds for subscription

July 5, 2022
“Naira-4-Dollar” getting results
Business

Naira falls to dollar at Investors and Exporters window

July 5, 2022
Firms bid for Ajaokuta steel
Business

Scraping, abandoning Ajaokuta steel coy will be a waste — DG

July 5, 2022
Trading in Nigerian stock market dips further N83bn
Business

Stock market records losses, capitalisation down by N20bn

July 5, 2022
Nigeria loses $25b to foreign ship owners
Economy

NPA expects 29 ships with products at Lagos ports

July 5, 2022
Africa-Europe Alliance presents progress report
Business

Africa needs to develop vibrant, resilient PPP framework – SGF

July 5, 2022
Next Post
Africa’s remittance inflows hit $72b

FX market turnover dips by 23 percent - FMDQ

Nigeria, WFP worry over food situation

Global food prices rose ‘sharply’ in 2021 – FAO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Shawwal crescent moon sighted, Tuesday is Sallah

June 3, 2019
CAC, Pakistani investors on economic diversification

Nigeria records 3.40% annual GDP growth rate

February 17, 2022
Former Spanish President campaigns for digital tech as right

Former Spanish President campaigns for digital tech as right

June 8, 2019

Popular Stories

  • 79 candidates for presidential election

    INEC wants to make you rich, bid for new jobs

    0 shares
    Share 0 Tweet 0
  • Universities approved to operate distance learning centres

    0 shares
    Share 0 Tweet 0
  • Highest score in Common entrance, NECO unveils placement policy

    0 shares
    Share 0 Tweet 0
  • IMF’s reasons for Nigeria’s economic recovery

    0 shares
    Share 0 Tweet 0
  • Missing fighter jet found dead

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • DMO lists 2 Nigeria’s savings bonds for subscription
  • Naira falls to dollar at Investors and Exporters window
  • Scraping, abandoning Ajaokuta steel coy will be a waste — DG

Categories

  • Agriculture
  • Business
  • Economy
  • Entertainment, Religion
  • Features
  • Foreign
  • Health
  • Multimedia
  • Natural Resources
  • News
  • Opinion
  • Photo
  • Politics
  • Security
  • Special News
  • Sports
  • Technology
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?