Abuja — The Arewa Youth Assembly has commended Mele Kolo Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), for his leadership, which has seen the revival of the Port Harcourt refinery and the company's financial success.
A statement issued in Abuja on Tuesday by Mohammed Salihu Danlami, Speaker of the Arewa Youth Assembly, lauded Kyari for silencing critics by not only overseeing the resumption of operations at the Port Harcourt refinery but also surpassing NNPCL's 2024 revenue target by generating N13.1 trillion, exceeding the N12.3 trillion projection by N800 billion.
The statement highlighted the substantial growth of NNPCL under Kyari's leadership, with the company set to remit approximately N23.7 trillion into the federation account in the 2025 fiscal year.
According to the Northern group, this financial success reflects Kyari's strategic direction and management of the company's resources.
The statement reads, "The GCEO of the Nigerian National Petroleum Company Limited (NNPCL) has once again put all naysayers and enemies of progress and development to shame, proving that indeed no smear campaign will tarnish his record of service to nation and humanity at large.
Most recently, under the able supervision of the GCEO, Mele Kyari, the NNPCL has broken another record by exceeding the N12.3tn revenue projected for 2024 by already raking in N13.1tn. This figure represents about N800bn higher than the target set in the 2024 fiscal year with a promising projection of remitting about N23.7tn into the federation account in the 2025 fiscal period.
"Another milestone recorded under Kyari is the increase in production of barrels of crude oil per day. The production of crude oil and gas was increased to 1.8million barrels per day (mbpd) and 7.4billion standard cubic feet (bscf) per day from 1.430mbpd. In addition, the NNPCL under Kyari is targeting the possibility of reaching 2mbpd by December which is great achievement for this nation.
"Furthermore, the GCEO of the NNPCL, Mele Kolo Kyari has seen to it that the Port-Harcourt refinery is fully revived and begins operations with the first truck to load PMS under his supervision, while other refineries, that of Kaduna and Warri will also commence operation soon.
"No doubt, against all odds, the stability and sustainability of Nigeria's economy depends in a large measure on the preservation of the country's economic mainstay, which is perfectly led, protected and steered to greater heights by the GCEO of the NNPCL, Mele Kolo Kyari."
