TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Our refineries to make profit soon — NNPC Boss

meira by meira
August 15 2015
in Headlines, Latest News, Uncategorized
A A
0

The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that its ongoing restructuring was designed to reposition its operations and refineries to profit-making ventures.

This was even as the NNPC denied claims that it was pursuing an ethnic agenda in the ongoing restructuring of the corporation.

The NNPC, in a statement issued after an interactive session with the top management of the Corporation in Abuja, disclosed that it is poised to ensure that all its refineries are run efficiently and profitably to meet the energy needs of the country.

Speaking at the forum, Group Managing Director of the NNPC, Mr. Emmanuel Kachikwu, stated that the days when the Corporation was perceived as a civil service organization instead of a Corporation were over.

According to him, the Corporate Service Unit and all the Strategic Business Units of the NNPC would henceforth be run as profit centers.

To this end, Kachikwu solicited the support of the management of the NNPC and its subsidiaries in closing the skills gap and in turning the fortunes of the Corporation around.

He stated that efforts are in top gear to create a conducive working environment for members of staff, adding that for the NNPC to transform into a profit center like its peers in other climes, the morale of the work force must be high.

He urged the management to provide leadership by example to the workforce while adding that sectionalism, tribalism and any form of non-transparent transactions must be completely stamped out of the NNPC.

He also appealed to members of staff to act as change agents, assuring them that in the next 60 days some of the strategic targets would be translated into concrete milestones to the appreciation of all Nigerians.

Commenting on claims that it was pursuing an ethnic agenda, the NNPC disclosed that its recent appointments and retirement were done with the approval of President Muhammadu Buhari and in compliance with federal character principles.

It said, “The NNPC has decried attempts by a section of the media to politicise the recent appointments and retirements in the Corporation by imputing ethnic colouration to the exercise.

“The appointments were made with the express approval of President Muhammadu Buhari and in compliance with extant laws regarding federal character, while the retirement exercise affected all those who were to retire between now and 2016 without any regard to ethnicity or state of origin.

“The recent appointments, promotions, and retirements are all a part of the ongoing restructuring exercise aimed at repositioning the Corporation into a lean, efficient, profit-driven organization in line with international best practices without regard to primordial sentiments.”

The NNPC, however, called on the Nigerian public to discountenance any report aimed at denigrating the ongoing reorganisation exercise in the Corporation

Previous Post

Ishaku inaugurates 400 kW Tunga Dam hydro power plant

Next Post

Don’t defect to APC –Jonathan, group beg Bayelsa PDP bigwigs

Related Posts

Extrajudicial killing: No explanation, spirituality not far from it – Delta Police PRO
Latest News

Extrajudicial killing: No explanation, spirituality not far from it – Delta Police PRO

April 29 2026
Dangote raises petrol price by N75, to N1,275 per litre
Business

Dangote raises petrol price by N75, to N1,275 per litre

April 29 2026
Is the worst over in Nigeria? – Punch
Governance

Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway

April 29 2026
Shari’a Court registrar dies in bandits’ den
Latest News

Gunmen kill pastor, abduct worshippers in Ekiti church attack

April 29 2026
Police arrest officer over Delta shooting, transfer case to Force HQ
Latest News

Police arrest officer over Delta shooting, transfer case to Force HQ

April 28 2026
FG demands protection after xenophobics kill two Nigerians in South Africa
Global News

FG demands protection after xenophobics kill two Nigerians in South Africa

April 28 2026
Next Post

Don’t defect to APC –Jonathan, group beg Bayelsa PDP bigwigs

Buhari will not ask media to "kill" any story - Femi Adesina

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

by The Editor
April 3 2026
0

...

APPOINTMENTS

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

by The Editor
April 22 2026
0

...

416 nurses, midwives get automatic appointments in Yobe

416 nurses, midwives get automatic appointments in Yobe

by The Editor
April 8 2026
0

...

Tinubu renews Bugaje’s appointment as NBTE boss

Tinubu renews Bugaje’s appointment as NBTE boss

by The Editor
April 2 2026
0

...

Kwara governor congratulates new CAF General Secretary

Kwara governor congratulates new CAF General Secretary

by The Editor
April 1 2026
0

...

ODDITIES

Indian man digs up sister’s skeleton to claim savings

Indian man digs up sister’s skeleton to claim savings

by The Editor
April 28 2026
0

Nigeria’s ambassador-designate dies before assumption of office

Nigeria’s ambassador-designate dies before assumption of office

by The Editor
April 22 2026
0

Bwala, Hasan and the art of the political interview

I had throat surgery after Al Jazeera interview – Daniel Bwala

by The Editor
April 11 2026
0

GLOBAL NEWS

UN raises concern over renewed xenophobic attacks in South Africa

UN raises concern over renewed xenophobic attacks in South Africa

by The Editor
April 29 2026
0

...

FG demands protection after xenophobics kill two Nigerians in South Africa

FG demands protection after xenophobics kill two Nigerians in South Africa

by The Editor
April 28 2026
0

...

Kenyan President apologises to Nigerians over English accent jibe

Kenyan President apologises to Nigerians over English accent jibe

by The Editor
April 28 2026
0

...

UK moves to restict social media for U-16s

UK moves to restict social media for U-16s

by The Editor
April 28 2026
0

...

White House gunman was targeting Trump team, says official

White House gunman was targeting Trump team, says official

by The Editor
April 26 2026
0

...

State of the States

Kano Assembly confirms new deputy governor

Kano Assembly confirms new deputy governor

by The Editor
April 27 2026
0

...

Ondo commences 2025 OSOPADEC scholarship, bursary for students

Ondo commences 2025 OSOPADEC scholarship, bursary for students

by The Editor
April 21 2026
0

...

Delta govt urges youths to join Army

Delta govt urges youths to join Army

by The Editor
April 11 2026
0

...

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

by The Editor
April 10 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu approves Abuja land for ambassadors-designate

Tinubu approves Abuja land for ambassadors-designate

April 29 2026
Divorce claims: No legal marriage exists between us – Churchill reacts to Rosy Meurer split

Divorce claims: No legal marriage exists between us – Churchill reacts to Rosy Meurer split

April 29 2026
2027 Polls: Court bars INEC from recognising ADC congresses

2027 Polls: Court bars INEC from recognising ADC congresses

April 29 2026
UN raises concern over renewed xenophobic attacks in South Africa

UN raises concern over renewed xenophobic attacks in South Africa

April 29 2026

EDITORIAL REVIEW

Blackouts: Broken promises, powering failure – Punch

Electricity Act: What are states waiting for? – Punch

by The Editor
April 29 2026
0

Bwala, Hasan and the art of the political interview

NBC threat to press freedom – Punch

by The Editor
April 28 2026
0

Curfew in Abuja today for LG council elections

Hidden cost of elections – Punch

by The Editor
April 17 2026
0

Oil prices jump back toward $100 on Mideast ceasefire doubts

As Nigeria moves away from oil dependency – Punch

by The Editor
April 13 2026
0

Easter gets bloodier – Punch

Easter gets bloodier – Punch

by The Editor
April 12 2026
0

Opinion

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 2026
0

...

Bwala, Hasan and the art of the political interview

Bwala, Hasan and the art of the political interview

by The Editor
April 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.