Arewa Youth Assembly has applauded the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari for the revitalisation of the Port-Harcourt refinery.
The Arewa Youth Assembly speaker, Mohammed Salihu Danlami, in a statement released to newsmen yesterday in Abuja, said that the success of the revived refinery reflects the strategic direction and management of the Nigerian National Petroleum Company Limited (NNPCL) leadership and resources.
Danlami lauded Kyari for silencing critics by not only overseeing the resumption of operations at the Port- Harcourt refinery but surpassed NNPCL’s 2024 revenue target by generating N13.1 trillion, exceeding the N12.3 trillion projection by N800 billion.
He said that the substantial growth of NNPCL under Kyari’s leadership, with the company set to remit N23.7 trillion into the federation account in the 2025 fiscal year will enhance further development in the country.
Danlami said, “The GCEO of the Nigerian National Petroleum Company Limited (NNPCL) has once again put all naysayers and enemies of progress and development to shame, proving that indeed no smear campaign will tarnish his record of service to the nation and humanity at large.
“Most recently, under the able supervision of the GCEO, Mele Kyari, the NNPCL has broken another record by exceeding the N12.3tn revenue projected for 2024 by already raking in N13.1tn. This figure represents about N800bn higher than the target set in the 2024 fiscal year with a promising projection of remitting about N23.7tn into the federation account in the 2025 fiscal period.
“Another milestone recorded under Kyari is the increase in production of barrels of crude oil per day. The production of crude oil and gas was increased to 1.8million barrels per day (mbpd) and 7.4billion standard cubic feet (bscf) per day from 1.430mbpd. In addition, the NNPCL under Kyari is targeting the possibility of reaching 2mbpd by December which is great achievement for this nation.”
He stressed that the revival of the Port-Harcourt refinery is a gateway for other refineries to commence operation soon.
He added, “No doubt, against all odds, the stability and sustainability of Nigeria’s economy depends in a large measure on the preservation of the country’s economic mainstay, which is perfectly led, protected and steered to greater heights by the GCEO of the NNPCL, Mele Kyari.”
