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Economy

NNPC Ltd, Indonesia Strengthen Collaboration, Advance Energy Partnership

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NNPC Ltd, Indonesia Strengthen Collaboration, Advance Energy Partnership

Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, today received an Indonesian delegation led by the Vice Minister of Foreign Affairs of Indonesia, H.E. Mr. Arif Havas Oegroseno, in Abuja.
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The engagement focused on deepening Nigeria-Indonesia energy relations, with both parties expressing their commitment to build a comprehensive and mutually beneficial energy partnership.

The GCEO, who was represented by the Executive Vice President, Gas, Power and New Energy, Mr. Olalekan Ogunleye, highlighted investment opportunities across Nigeria’s integrated energy value chain, including upstream, gas, refining, downstream, power and renewable energy.

 

The Indonesian delegation expressed interest in securing long-term crude supply arrangements and investing in Nigerian oil and gas assets, including new blocks and existing producing and near-producing projects. Opportunities in shipping, logistics, technical training and capacity development were also discussed.
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Crime

NNPC Ltd Commends NDLEA on Intercepted Truck, Clarifies Truck is Not NNPC Vehicle

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NNPC Ltd Commends NDLEA

NNPC Ltd Commends NDLEA on Intercepted Truck, Clarifies Truck is Not NNPC Vehicle

The Nigerian National Petroleum Company Limited (NNPC Ltd.) commends the National Drug Law Enforcement Agency (NDLEA) for its vigilance and professionalism in intercepting a truck reportedly found with 2,145kg of cannabis concealed in a compartment in Ondo State.
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NNPC Ltd. has taken note of media reports concerning the intercepted vehicle, which bears markings associated with the Company. We wish to clarify that preliminary checks indicate that the vehicle, with registration number MKA 960 XC, is neither owned by NNPC Ltd. nor part of the official fleet of the Company or any of its authorised dealers.

The logo displayed on the vehicle is not consistent with NNPC Ltd.’s current official branding, and the vehicle does not appear in the Company’s asset database. NNPC Ltd. is also engaging with the Nigerian Association of Road Transport Owners (NARTO) to obtain further information and establish the circumstances surrounding the use of the Company’s old branding on the vehicle.

NNPC Ltd. takes any unauthorised use of its corporate identity seriously, particularly where such use may be associated with unlawful activity. The Company remains committed to protecting the integrity of its brand and ensuring that its name, trademarks and other corporate identifiers are not misused.

NNPC Ltd. will continue to cooperate fully with the NDLEA and other relevant security agencies and supports a full and thorough investigation to establish all the facts surrounding the incident, including the ownership and operation of the vehicle and the circumstances in which NNPC Ltd. markings came to be displayed on it.

The Company is also reviewing its brand-protection and asset-monitoring protocols and will take appropriate steps, including legal action where warranted, against any unauthorised use of its corporate identity.

NNPC Ltd. encourages members of the public and relevant authorities to verify the ownership or affiliation of vehicles purporting to belong to the Company through appropriate official channels.

NNPC Ltd Commends NDLEA

NNPC Ltd Commends NDLEA

We once again commend the NDLEA for its vigilance and sustained efforts in combating illicit drug trafficking in Nigeria. NNPC Ltd. remains fully supportive of the ongoing investigation and will continue to provide all necessary cooperation to ensure that the facts are conclusively established.

Andy Odeh
Chief Corporate Communications Officer
NNPC Limited
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Economy

NNPC’s General Counsel Makes Case for Stronger Arbitration Frameworks

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NNPC

NNPC’s General Counsel Makes Case for Stronger Arbitration Frameworks

NNPC Limited’s General Counsel, Adesua Dozie, recently served on a panel at the International Arbitration Seminar held at The Wheatbaker, Ikoyi, Lagos.
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The session, themed “Managing Disputes in Cross-Border Business”, examined trends, challenges and approaches to settling disputes arising from commercial transactions across borders.

NNPC

NNPC

Dozie and her co-panellists discussed investment protection, dispute resolution and the growth of institutional arbitration in Africa, making a case for stronger arbitration frameworks as businesses expand across the continent.
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Economy

NNPC, CIoD Explore Opportunities to Strengthen Corporate Governance, Organisational Performance

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NNPC, CIoD Explore Opportunities to Strengthen Corporate Governance, Organisational Performance

NNPC Limited Executive Vice President, Business Services, Sophia Mbakwe, recently received a delegation from the Chartered Institute of Directors, Nigeria (CIoD), led by the Chairman of its Abuja Zone, Rose Eshiett, at the NNPC Towers.
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The visit explored opportunities for strengthening collaboration and advancing shared professional and organisational objectives. Both parties reiterated the significance of promoting sound corporate governance and leadership practices in driving sustainable organisational performance.

NNPC

NNPC

The CIoD is the professional body for directors in Nigeria and supports sustainable training and certification programmes on board practice.
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