“We are committed to growing the NNPC Retail business particularly to drive the market share much higher and by expanding the reach through filling stations directly owned or through affiliate stations,” Engr. Mohammed enthused.
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OpeOluwani Akintayo 09 May 2018, Sweetcrude, Lagos – The Nigerian National Petroleum Corporation, NNPC, has said its downstream subsidiary, the NNPC…
“We are particularly happy with the new leadership, the new managing director retail is such a very committed person who is given us a sense of belonging as affiliate stations created to address any form of petroleum products scarcity.”
On diversification and backward integration, the GMD directed the company to venture into lubricants production, marine and industrial services to boost its revenue profile as it was an line with our quest as an integrated oil company
Before leaving for London, the GMD had directed that more truckload of petroleum products be dispatched to various parts of the country to cushion the effects of excessive demand caused by panic buying.
Adetunji stated that currently NNPC Retail Limited enjoyed 14 per cent of the market share of the sale of white products, adding that the company aimed at attaining 15 per cent of the mark share soonest.
He said, “NNPC will continue to maintain its leadership position in the supply of another significant product, gas, to the Nigerian market through its Exploration and Production business unit.”
The letter said the mass protest has become necessary in view of “Persistent and gross abuse of office by top management staff of the NNPC Retail Limited vis-a-vis the terms of engagement with our members”.