~Godwin Orozo
ABUJA– Mele Kyari, the Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Limited, asserted that the company has not violated any laws in its dealings with partners and should not be implicated in claims of economic sabotage.
Addressing the Senate Ad-Hoc Committee investigating alleged economic sabotage in the Nigeria Petroleum Industry on Wednesday, Kyari emphasized the straightforward nature of the refining business.
“Refining business is straightforward. You must secure a source for your feedstock and find a market. This is basic and determines what happens in any refinery worldwide. We have done nothing to sabotage any domestic refinery,” Kyari stated.
Kyari underscored that the law clearly outlines domestic crude oil supply obligations and provisions for local refineries. He added, “The same law also stipulates that there must be a willing buyer and a willing seller.”
On the issue of importing sub-standard products, Kyari clarified that NNPC Limited is not involved, as regulatory agencies are responsible for ensuring product standards. “The relevant regulatory agencies, by law, will not allow any sub-standard product into the country,” he said.
Kyari also advocated for the Ad-Hoc Committee’s sessions to be broadcast live on national television to ensure transparency and prevent misinformation. He highlighted the sufficient infrastructure to produce two million barrels of crude per day but cited challenges such as crude oil theft, pipeline vandalism, and lack of upstream investment as major hindrances.
“NNPC Limited, owned by over 200 million Nigerians, has grown from a loss-making position to a profit-making entity,” Kyari noted, pledging full cooperation with the Committee.
He reaffirmed the company’s commitment to Nigeria, stating, “We are faithful, loyal, and committed to the progress and development of this country. It is our duty to protect the overall interest of this great nation. We are not in breach of any rules.”
Kyari assured that NNPC Limited, along with its board, management, and staff, will continue to act in accordance with the Petroleum Industry Act (PIA), the Company & Allied Matters Act (CAMA), and other relevant laws and regulations governing the energy sector.
