JUST IN: For His Remarkable Contributions To Nation Building, Nasarawa University Honours Kyari With Doctorate Degree

The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mele has been honoured with a Honorary Doctorate Degree at the 6th combined convocation of the Nasarawa State University, Keffi.

The degree was conferred on Kyari on Thursday by the Institution’s Chancellor and Emir of Keffi, HRH, Alh. (Dr) Shehu Chindo Yamusa III.

Kyari who was represented at the occasion by the Group Executive Director, Corporate Services of the NNPC, Hajiya Aisha Farida Katagum, was honoured for his sterling contributions to the development of the Nigerian economy particularly the oil and gas sector.

The honour, according to the University, is in recognition of Kyari’s remarkable contribution to nation building.

Since Kyari’s appointment as the 19th Group Managing Director of the NNPC in July 2019, the industry has recorded outstanding achievements.

For instance, Kyari has successfully secured federation entitlements from production/fiscal
arrangements and resolution of various disputes on Petroluem Sharing Contracts.

Kyari has also been able to champion the Transparency, Accountability and Performance Excellence under his TAPE Agenda, with the successful management of Direct Sales and Direct Purchase arrangement of petroleum products to ensure energy security.

The guiding principle of Kyari in managing the Corporation, has been the TAPE Agenda and this has been instrumental in the publication of the 2018, 2019 and 2020 financial statements of the Company to the public to show transparency.

The conferment of the award to Kyari serves as a recognition from the academia of his formidable
leadership and the contribution he has made to the betterment of the energy sector on the
African continent.

Kyari has also been responsible for turning around the fortunes of the NNPC from 37 years of losses into making its first profit in the 2020 financial period.

Under Kyari’s watch at the NNPC, the company declared a Profit After Tax of N287bn in 2020 after losses were reduced from N803bn in 2018 to N1.7bn in 2019. This is unprecedented in the history of the NNPC.

In the last two years, Kyari has spearheaded the automation of the NNPC’s processes and systems; reduced its costs of operations and reposition the Company to the path where it will deliver value to Nigerians, in line with his management vision.

He was also instrumental in the enactment of the Petroleum Industry Act which has placed huge responsibility on the NNPC to do things differently and be much more accountable to its shareholders, the over 200 million Nigerians.

Kyari has continue to seamlessly transform the operations of the NNPC, including deepening domestic gas utilization, rehabilitation of the nation’s refineries and public disclosure of NNPC accounts, the first in NNPC’s 44 years of existence.

The University’s Orator Prof. Andrew Zamani, NSUK said, “Mallam Kyari is a game changer, a prudent manager of men and resources. I believe that with his track record, the chancellor of this prestigious Nasarawa State University, Keffi is convinced that he is a veritable choice for this year’s award of Doctor of Technology.”

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