NIPCO set for improved service delivery
16 January 2022 |
2:59 am
Managing Director and Chief Executive Officer of the company, Suresh Kumar, while addressing staff, thanked the employees for their resilience over the years, noting that the New Year offers
NIPCO
The Nigerian Independent Petroleum Company (NIPCO) has positioned its workforce for improved service delivery.
Managing Director and Chief Executive Officer of the company, Suresh Kumar, while addressing staff, thanked the employees for their resilience over the years, noting that the New Year offers a lot of opportunities, which must be optimised by the fuel marketing company.
Kumar said the company would continue to take its pride of place within the context of the emerging downstream sector under the PIA.
He, however, urged the employees to brace up for the challenges ahead, affirming that their dedication and commitment have contributed immensely to the company’s resilience over the years.
He said: “The entire workforce of the company needs to develop more synergy towards sustaining the company’s milestones and moving it to a higher level of efficiency for her to continue to occupy its pride of place within the context of the emerging downstream sector under the Petroleum Industry Act (PIA).
“Our collective contributions last year towards achieving milestones set by the promoters are commendable. Nevertheless, this is not to suggest that there is no room for improvement. I want you to note that with the enactment of the PIA, we all should be on our toes in order to improve our bottom line,” he stated.
He, however, assured of his continued commitment to the welfare of the workforce to enable them to put in their best without sacrificing merit in the scheme of things.
“I am honoured to lead a highly resourceful and competent crop of workers of your calibre, even as I urge that we continue to work hard as we usher in a new year…”
“My charge to you all is that you should be ready for more challenges and responsibilities in 2022 because it is the sure pathway to our success in the New Year and even beyond,” he stated.
1 hour ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
1 hour ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
2 hours ago
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called for increased capacity building to enhance tax administration processes among members of the global body.
2 hours ago
Stakeholders at the 2024 yearly lecture of the Chartered Institute of Bankers of Nigeria (CIBN) have called for the adoption of appropriate credit culture to pave the way for an enhanced loan securitisation process and availability of credit to the real sector.
1 day ago
In a significant strategic shift, LandWey Investment Limited, a leading player in Nigeria's real estate sector, is setting its sights on a public listing, following a bold attempt to acquire UPDC in 2020. According to a statement made available to the media on Wednesday, in Lagos, the property development company said the move marks a…
1 day ago
The Chartered Institute of Taxation of Nigeria (CITN) has warned political leaders against abuse of taxpayers' money, stating that collecting tax revenue from taxpayers without using it judiciously weakens the country's taxation system.
1 day ago
Oil-producing communities in Niger Delta have called for transparency and accountability in the ongoing divestment of oil and gas assets in the region.
1 day ago
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has adjudged the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 per cent.
1 day ago
Daniel Oyeduntan, a seasoned professional with about a decade of experience in data science and machine learning, is capturing the attention of the technology industry across EMEA.
1 day ago
With a focus on maximizing production from the hydrocarbon assets to enhance revenues and meet production quota, the Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have resumed production from the field with an initial average production of 8,000 barrels per day (bpd)
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.