Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Gov Udom seeks relocation of NNPC subsidiaries to Uyo

    Gov Udom seeks relocation of NNPC subsidiaries to Uyo

    November 30, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Governor Udom Emmanuel and the Group Executive Director, NNPC Upstream, Adokiye Tombomieye

    Mkpoikana Udoma

    Port Harcourt — Akwa Ibom State Governor, Udom Emmanuel, has appealed to the Nigerian National Petroleum Corporation NNPC, to relocate the headquarters of some of its subsidiaries to occupy the 21-storey smart office accommodation at the Dakkada Towers in the State.

    Governor Udom particularly mentioned the National Petroleum Investment Management Services, NAPIMS and the Nigerian Upstream Petroleum Regulatory Commission, NUPRC to relocate to the state.

    The governor who decried that the state despite having the largest crude oil and gas reserve in the country, does not have any oil and gas presence, called for the decentralization of NNPC operations from Abuja.

    Udom said these while hosting the management of NNPC Upstream, led by the Group Executive Director, Adokiye Tombomieye, who are in the state for a 3-day retreat on the restructuring of NNPC from its Corporation status to a Limited Liability Company.

    “So we are appealing to NNPC to relocate the headquarters of some of its subsidiaries to occupy the smart office accommodation at the Dakkada Towers. Four floors are there for the entire group, NUPRC, NAPIMS, NNPC.”

    The governor also applauded NNPC Upstream for choosing his State as venue for the retreat, applauded their initiative towards making the Corporation a Limited Liability Company, urging them to brace up for the task ahead of the new responsibilities.

    He commended NNPC for their transparency in publishing financial reports of the Corporation, which he said has been unprecedented in recent times, urging them not to relent in their commitment to bridge existing gaps thereby restoring the confidence of the people.

    “Congratulations for the restructuring of NNPC, the boldness to do this will give you opportunities.

    “Some of you that are group heads have written your names in plaque because once you restructure and put the structure, strategy, the system there will enable that structure to run, history will never forget any of you, but unfortunately, something about restructuring, if you get it wrong history will crucify you.

    “So it is something that no matter how you are pushed by government or politicians you have to get focused on it as a professional because of responsibilities and the expectations from the people.

    “This is the first badge of management in NNPC that we have seen a financial report and it’s to your credit and it is timely too. I think the first audit of NNPC is done by your regime. So if you began a good work, take it to the end.”

    Earlier, the Group Executive Director, NNPC Upstream, Adokiye Tombomieye, disclosed that NNPC was transiting from a Corporation into a Limited Liability Company, as one of the steps of restructuring the corporation for efficient and effective service to Nigerians.

    Tombomieye, said the essence of holding a retreat in the state was to review the performance of the Corporation in the last three quarters, adding that the exercise has been successful.

    “As you are aware NNPC is going through a transition, we are transiting from a Corporation to a Limited Liability Company, by the passage of the Petroleum Industry Act and incorporation of NNPC Limited, the former Corporation called NNPC will now transit into a Limited Liability Company.

    “The Upstream Directorate have come to review our performance in the last three quarters to see the level of performance and how to serve the nation better.’’

    Related News

    Russia plans to compensate for oil overproduction in August-September

    Russia’s fuel export revenue in June fell 14% from last year, IEA says

    US OKs exchange with Exxon Mobil to aid Gulf Coast supplies

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    The Man lied

    July 13, 2025

    Rivers Administrator orders immediate acceleration of state assembly project

    July 13, 2025

    Russia’s Novatek says Q2 gas output up 2.8% y/y

    July 12, 2025

    LNG Canada’s start-up yet to lift gas prices amid supply glut

    July 12, 2025

    Russia plans to compensate for oil overproduction in August-September

    July 12, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.