• About
  • Advertise
  • Contact
Wednesday, September 17, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Oil & Gas

NNPC Assets Now Worth N25trn – Kyari

Vital News by Vital News
August 24, 2022
in Oil & Gas
0
Share on FacebookShare on Twitter

By Stanley Osariemen

Abuja – Mele Kyari, the Group Chief Executive officer of the Nigerian National Petroleum Company (NNPC) Limited, has said the assets of the newly reformed company are worth $60 billion (about N25.27 trillion).

Kyari stated this at the Nigeria-India Business Forum held in Abuja, according to a statement from NNPC Ltd.

Kyari, who was represented by the Chief Finance Officer of the company, Umar Ajiya, said Nigeria boasts of vast investment opportunities that any investor in the world can look for across the entire energy value chain.

He said, “With an asset base in excess of 60 billion dollars and with the largest gas reserves in Africa and 10th in the world, Nigeria remains a destination of choice for would-be investors.

RelatedStories

Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote

Dangote Commences Free Delivery Of Petrol Sept. 15, Reduces Petrol Price To N820 per litre

“Our focus at @nnpclimited is on gas development. The objective is to energise Africa and other countries, including India. Most importantly, the Petroleum Industry Act (PIA) 2021, today has created an enabling environment for us to thrive as a business,” Kyari noted.

The Indian High Commissioner to Nigeria, Shri Gangadharan Balasubramanian, said Nigeria is poised to play a critical role in international affairs due to current unfolding global realities and its immense natural resources as well as its policies.

NNPC Ltd was commercialised last year in line with the PIA.

The company was incorporated by the Corporate Affairs Commission (CAC) with the major holders being the Ministry of Petroleum Resources and Ministry of Finance Incorporated.

It was officially inaugurated and branded as a limited liability company by President Muhammadu Buhari on 19th July 2022.

Tags: AssetsgasOilPIA
Previous Post

World Bank, US To Invest $3bn In Nigeria’s Energy Transition Plan

Next Post

NIMC, NIPOST, NITDA Tasked On Implementation Of Digital Economy Policies

Vital News

Vital News

RelatedStories

Dangote Denies Ownership Of Truck Involved In Enugu Accident
Oil & Gas

Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN

September 16, 2025
NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security
Oil & Gas

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

September 16, 2025
How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote
Economy

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote

September 15, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
News

Dangote Commences Free Delivery Of Petrol Sept. 15, Reduces Petrol Price To N820 per litre

September 12, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Labour

Dangote Debunks NUPENG Allegations, Restates Commitment To Labour Rights, Economic Development

September 12, 2025
Next Post

NIMC, NIPOST, NITDA Tasked On Implementation Of Digital Economy Policies

Poverty Encouraging Vote Buying – UN Women Country Rep

I-GP Deploys New Police Commissioners To Kano, Zamfara, Enugu

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

FG Allocates N470bln for Lecturers Salaries, University Revitalisation

3 years ago
Dangote Cement Inducts 81 Graduate Trainees To Boost Employment

Dangote Cement Inducts 81 Graduate Trainees To Boost Employment

2 years ago
IGP Reiterates Ban On Public Parade Of Suspects

Gunmen Invade Meeting Venue In Anambra, Kill 10 People, Injure 9 Others

3 months ago
Senate Confirms Re-appointment Of Dabiri-Erewa As NIDCOM Chairman

Senate Confirms Re-appointment Of Dabiri-Erewa As NIDCOM Chairman

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

President Tinubu Cuts Short Vacation Trip To France, Returns To Abuja Tomorrow, September 16

FG Approves Establishment Of Appeal Court In Abeokuta, Abiodun Assures Judicial Officers Of Support

How Our Refinery Ended 50 Years Of Fuel Queues In Nigeria – Dangote

Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair

Kogi, Hunan Partnership Agreement Implementation Commences With Agric Exchange Programme

Trending

President Tinubu  Returns To Abuja
National

President Tinubu Returns To Abuja

by Vital News
September 16, 2025
0

President Bola Ahmed Tinubu on Tuesday evening arrived Abuja from Paris, ending his working vacation. He was...

Anti-graft Group, YPU, Decries Disrepair State Of Hospitals, Roads In Yobe In spite Alleged Release Of N1 trillion

Anti-graft Group, YPU, Decries Disrepair State Of Hospitals, Roads In Yobe In spite Alleged Release Of N1 trillion

September 16, 2025
Dangote Denies Ownership Of Truck Involved In Enugu Accident

Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN

September 16, 2025
NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

NNPCL GCEO, Ojulari Calls For Stronger African Collaboration To Achieve Energy Security

September 16, 2025
President Tinubu Cuts Short Vacation Trip To France, Returns To Abuja Tomorrow, September 16

President Tinubu Cuts Short Vacation Trip To France, Returns To Abuja Tomorrow, September 16

September 15, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • President Tinubu Returns To Abuja September 16, 2025
  • Anti-graft Group, YPU, Decries Disrepair State Of Hospitals, Roads In Yobe In spite Alleged Release Of N1 trillion September 16, 2025
  • Your Allegation Of Cheaper Petrol Sales In Togo Misleading, Inaccurate – Dangote Refinery To DAPPMAN September 16, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In