PHOTOS: Kyari Bags Fellowship Award From National Institute For Labour Studies

National Labour Institute Honours Kyari With Fellowship Award For Oil & Gas Industry Reforms

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari has been honoured by the Michael Imoudu National Institute for Labour Studies with the prestigious award of Honorary Fellow of the Institute.

The award was conferred on him om Tuesday during the Institute’s 40 Anniversary Lecture programme.

The conference with the theme: “Workers Education in Nigeria: Past, present and future,” saw the presentation of paper by foremost Africa’s Industrial Relations Scholar, Professor Dafe Otobo.

The GCEO was represented by NNPC Ltd Chief Human Resources Officer, Mr Yahaya Yunusa.

The main highlight of the 40th anniversary programme is the recognition for Governors and Employers of labour who have promoted Decent Work Agenda through security of jobs, promote payment of salaries, capacity building for workers through training and retraining.

The achievements of the NNPC Boss have been recognized both locally and internationally.

For instance, before now, Kyari has won the Leadership Newspapers Group Chief Executive Officer of the year award for 2021; the African Energy Chief Executive Officer of the year award; the 2020 Zik prize for public service leadership; the Sun Man of the year award; and the BusinessDay energy executive of the year award among others.

Kyari had also been honoured by President Muhammadu Buhari with the National Excellence Award in Public Service for his “Outstanding Reforms Initiative” in the oil and gas industry.

The Award recognises and rewards innovation, leadership and other exceptional achievements of individuals that have contributed immensely to the growth and development of the Public Service and the country at large.

Kyari’s achievement had been described as unrivaled in the history of the National Oil Company.

He was responsible for the Open Government Initiative that ushered in an era of transparency and accountability in the NNPC’s operations.

He has also kept his promise to the NNPC and Nigeria by increasing the nation’s oil reserves to 40 billion barrels, from 37 billion barrels.

The NNPC Boss has also assisted in resolving disputes around deep offshore bloc to further boost the nation’s oil production, and ensuring the successful flag-off of the construction of the Ajaokuta-Kaduna-Kano gas pipeline project.

The project has been described by President Muhammadu Buhari as a game changer for the oil and gas industry.

the NNPC Group which became a CAMA Company in 2021 following the implementation of the Petroleum Industry Act, grew its profit from N287bn in 2020 to N674bn in 2021 under Kyari’s leadership.

The N674bn profit posted by the NNPC Group in the 2021 financial period represents an increase of N387bn or 134.8 per cent when compared to the N287bn recorded in 2020.

The 2021 financial year made it the fourth consecutive years that the NNPC will be making its Audited Financial Statement public.

This was one of the innovations made by Kyari when he took over the helms of affairs of the National Oil Company.