The Nigerian National Petroleum Company Limited (NNPCL) has set a 10-year target to resolve the energy shortages plaguing the nation.
Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, in a statement, quoted Mele Kyari, Chief Executive Officer of NNPCL to have made the pledge at the opening ceremony of the seventh Nigerian International Energy Summit in Abuja on Tuesday.
“He assured stakeholders of the company’s commitment to work with them to close the energy deficit gap and create prosperity for Nigerians, adding that from all indications, all issues of energy scarcity in the country would be over in the next 10 years,” the statement reads in part.
NNPCL also assured stakeholders on investment in critical infrastructural projects to drive growth in the energy sector.
According to Kyari, the Obiafu-Obrikom-Oben Pipeline is approaching completion, with ongoing tunneling operations across the River Niger.
He further noted that NNPC Ltd., by its foundational mandate to safeguard national energy security, aims to ensure that the divested assets are managed to yield sustainable and high levels of production, thereby providing energy security for the good of Nigerians.
“He explained that by virtue of its statutory mandate as the enabler of national energy security, NNPC Ltd.’s role is to ensure that, at the end of the day, there is optimal and sustainable production from the divested assets to guarantee energy security for the benefit of Nigerians.
“Kyari also disclosed the company’s willingness to invest in the proposed African Energy Bank as a way of ensuring sustainable funding for energy projects in Africa to guarantee energy security.
“On investment in energy infrastructure to drive energy security, the GCEO further disclosed that the completion of the Obiafu-Obrikom-Oben Pipeline was in sight as the tunnelling across the river Niger was currently ongoing,” the statement added.
