By FESTUS OKOROMADU, Abuja
The Nigerian National Petroleum Corporation, NNPC, said it had spent over N1.6 billion on the repairs of the vandalised pipeline between Kaduna and Kano in 2016.
The NNPC group managing director, Maikanti Baru, disclosed this when he paid a courtesy visit to Governor Abdullahi Ganduje on Tuesday in Kano.
Mr. Baru was in Kano to inaugurate loading operations at the NNPC depot following the repairs of the vandalised pipeline.
He said the company had also expended about N2 billion to provide security for the pipelines within the last one year. He said it was unfortunate that the company had to spend the money to rectify the pipeline after the illegal activities of vandals.
“These are funds that would have been invested for providing other essential services. With the repairs of the vandalised pipeline, I am happy to tell the governor that the line is now 100 operational,” he said.
He disclosed that following the repairs of the pipeline, the company had been able to transfer over 20 million litres of AGO into tanks of Kano and Kaduna refinery in addition to 40 million litres of diesel to Kano depot.
Meanwhile, the NNPC yesterday commended the peace initiative of the Federal Government, adding that it has raised the capacity utilization of its three refineries in Port Harcourt, Warri and Kaduna in recent times.
A press statement from the Corporation said, the Group Managing Director, NNPC, Dr. Maikanti Baru, disclosed this in Abuja at an interactive session with a delegation from the United Kingdom Royal College of Defence Studies.
According to the statement signed by the Corporation’s spokesperson, Ndu Ughamadu, Dr. Baru said refining activities peaked at 10million barrels of crude oil in the first quarter of 2017 alone, as against 8million and 24million barrels for the entire years of 2015 and 2016 respectively.