NNPC Pledges Support For Indigenous Participation

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The Nigerian National Petroleum Corporation, NNPC, has pledged to provide more support to indigenous companies in Nigeria’s oil and gas industry.

Group managing director of the corporation, Maikanti Baru, made the pledge while commissioning the Lagos midstream jetty (LMJ) at the Apapa Harbour in Lagos on Tuesday.

Baru also urged private companies to develop innovative and profitable solutions that would not only aid the development of the country but also ease the way of doing business.

He charged the private sector to continuously look for opportunities to partner with the public sector to enable the realisation of the country’s economic goals.

He noted that the development of the much-needed critical infrastructure should not be seen as the sole responsibility of government, adding that good infrastructure plays a critical role in ending extreme poverty and increasing shared prosperity among the citizenry.

He explained that the commissioning of the jetty was in line with NNPC’s corporate vision of 12 business focus areas (12 BUFA), one of which is centred on the provision of critical oil and gas infrastructure.

The LMJ will allow up to 45,000 dead weight (DWT) vessels to berth and discharge products while easing out the congestion around the Apapa corridor.

The jetty, which is also available for the use of all sector players – peers and competitors alike, is expected to boost the delivery of petroleum products to terminals around the Apapa axis and the nation at large.

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