NNPC Ltd. Clarifies Role in IOC’s Divestment Process at NIES 2024 Summit
NNPC Ltd. clarifies its role in facilitating the divestment process of International Oil Companies (IOCs) during the NIES 2024 Summit in Abuja. Mr. Mele Kyari, NNPC Ltd.’s Group CEO, emphasized the company’s commitment to ensuring optimal production from divested assets for national energy security. He also highlighted NNPC Ltd.’s readiness to invest in the proposed African Energy Bank for sustainable energy project funding across Africa.
NNPC Group Chief Executive Officer, Mr. Mele Kyari
Kyari mentioned progress on energy infrastructure, including the Obiafu-Obrikom-Oben Pipeline, and expressed confidence in resolving Nigeria’s energy scarcity issues within a decade. The summit, attended by industry and government leaders, focused on critical energy discussions.
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