• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, October 18, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Natural Resources

Oil coy expresses interest in NIPP plants

Oil

The Matters Press by The Matters Press
March 7, 2022
Reading Time: 1 min read
0
Nigeria regains top crude oil production spot in Africa

The Nigerian National Petroleum Company Limited (NNPCL), has expressed interest to participate in the acquisition of power plants for sale by the Federal Government.

RELATED POSTS

Standing With the Bello Family – Justice Must Never Be Cheapened

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

The Managing Director of NNPCL, Malam Mele Kyari said this when he visited the Bureau of Public Enterprises (BPE) in Abuja.

A statement issued on Monday by Ibeh Chidi, Head, Public Communications, BPE, quoted Kyari as saying “the company has the requite expertise and experience to participate actively in Nigeria’s power sector.

“As an oil company and enabler organisation, NNPCL is determined to boost power generation and supply to Nigerian homes.

“This can be achieved through increased investment hence it had signed a contract with China Machinery Engineering Company (CME) and General Electric, (GE) to provide 50 Mega Watts of electricity to Maiduguri,’’ Kyari said.

According to him, the management of NNPCL is determined to run the organisation efficiently and profitably for the benefit of the shareholders.

“Hence, it plans to engage in activities that would generate funds, and for the power sector, NNPCL is a partner of choice”.

According to him, the organisation is ready to collaborate with the BPE after the audit of some of its assets for the sale and divestment of those assets.

Kyari said that the planned audit would be carried out by renowned and reputable audit firms.

Speaking earlier, the Director-General of BPE, Mr Alex Okoh, said that NNPCL had indicated interest in the acquisition of some Nigeria Integrated Power Plants (NIPPs).

He said that there would be a level playing ground to compete with other bidders.

Okoh also said that the National Council on Privatisation (NCP) would be notified of the desire by the NNPCL to bid for the NIPP plants.

Tags: Oil
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
Next Post
NEITI raises committee on contract transparency

NEITI unveils audit reports, management system, to drive reforms

Global trade’ll grow to $30tn by 2030

Council sensitises exporters on Nigeria’s products internationally

Recommended Stories

Stable petrol supply excites Buhari

Nigeria installs trackers to curb smuggling of petrol

June 27, 2021
President Buhari with WTO President Okonjo-Iweala

President Buhari with WTO President Okonjo-Iweala

September 22, 2021
Umahi and OBJ over Coastal Highway: The big reasoning

Umahi and OBJ over Coastal Highway: The big reasoning

March 16, 2025

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Standing With the Bello Family – Justice Must Never Be Cheapened
  • You led with distinction, CG of Customs, hails former boss, Mohammed at 80
  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

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

© 2025 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