Kyari Tasks New PPMC Board To Ensure Availability Of Products

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has tasked the newly reconstituted Board of the Petroleum Products Marketing Company (PPMC) to sustain all-season availability of products across the country.

Kyari made the call while inaugurating the new Board of the corporation’s downstream subsidiary at the NNPC Towers, Abuja.

According to the NNPC helmsman, PPMC is a vital asset critical to the corporation’s responsibility for delivery of energy sufficiency to the nation.

“The PPMC is the live wire of our country’s energy supply system. It is not just a business, but a major strategic asset of this corporation operating in line with the provisions of the laws of the country which says that NNPC must guarantee energy sufficiency for this country,”

In line with it’s important role in the sector, Kyari urged the new PPMC board to ensure that its focus on commercialization is deepened for greater value addition to the shareholders.

A statement by the NNPC spokesperson , Kennie Obateru quoted the GMD to have said “ the company has huge potentials that could help it overcome the challenges posed by the current COVID-19 pandemic and oil price volatility, stressing that its network of structure and competence for handling efficient products distribution nationwide were second to none in the country.”

He commended the management of PPMC for the recent encouraging performance as reported in the audited financial statement and urged the team to improve on it.

The Managing Director of PPMC, Musa Lawan, said the company, under his watch, would continue to focus on profitability and efficiency in marketing refined petroleum products.

He emphasized that energy security would continue to be a top priority as the company continues on the path of automation of its services.

The reconstituted Board of PPMC is made up of the NNPC Group Managing Director, Mele Kyari, as Chairman; Chief Operating Officer, Downstream, Ms Lawrencia Ndupu, as Alternate Chairman; Mr. Ibrahim Bello, as Secretary; Chief Operating Officer, Upstream, Mr. Adokiye Tombomieye; and Managing Director of PPMC, Mr. Musa Lawan.

Others members are: Group General Manager, Corporate Planning & Strategy, Mrs. Oritsemeyiwa Eyesan; Group General Manager, Accounts, Isiaku Abdullahi; Executive Director, Shared Services, PPMC, Mr. Kola Otitonaiye; and Executive Director, Commercial, PPMC, Mr. Naheem Adio.