Nnpc gmd says committed to reviving nigerias economy

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NNPC GMD Says Committed to Reviving Nigeria's Economy

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has reiterated the corporation's commitment to playing a key role in reviving Nigeria's economy. Speaking at the 2022 Nigerian Economic Summit in Abuja, Kyari emphasized the importance of the oil and gas sector in driving economic growth and development in the country.

According to Kyari, the NNPC is committed to increasing its contribution to the country's Gross Domestic Product (GDP) through various initiatives, including the development of the country's gas resources. He noted that the corporation is working to increase gas production and supply to power plants, industries, and households, which will help to reduce the country's reliance on imported fuel and boost economic growth.

Kyari also highlighted the importance of diversifying the country's economy, saying that the NNPC is committed to supporting the development of other sectors, such as agriculture, manufacturing, and infrastructure. He emphasized the need for a collaborative effort between the government, private sector, and civil society to achieve this goal.

The NNPC GMD also spoke about the corporation's efforts to improve its operations and reduce waste, saying that the corporation is committed to transparency and accountability. He noted that the corporation is working to improve its financial management and reduce its debt burden, which will help to increase its ability to invest in new projects and initiatives.

Overall, Kyari's comments reflect the NNPC's commitment to playing a key role in reviving Nigeria's economy and driving economic growth and development in the country.