Skip to content
November 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Kyari, at OAU, Advocates Academia-Industry Collaboration for Energy Sufficiency
  • Business & Economy

Kyari, at OAU, Advocates Academia-Industry Collaboration for Energy Sufficiency

Admin January 17, 2024

Kyari delivering the lecture

Kyari delivering the lecture

…Says NNPC Ltd’s Command-and-Control Centre has Aided Battle against Crude Oil Theft, Pipeline Vandalism

 

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for collaboration between the academia and the Oil & Gas Industry towards addressing the challenges of energy sufficiency and sustainability.

Kyari made this call while speaking as a Guest Lecturer during the 2024 Faculty Lecture titled, “Energy Security, Sustainability and Profitability in Nigeria: Advances, Challenges and Opportunities,” organized by the Faculty of Science of the Obafemi Awolowo University (OAU), Ile-Ife, Osun State, on Wednesday.

In his lecture, Kyari highlighted the important role academic communities, such as the prestigious OAU, play in safeguarding national energy security through research and collaboration with the industry.

While pointing out the challenges hindering energy security in Nigeria to include rapid population growth, pipeline vandalism, and crude oil theft, Kyari identified energy conservation, diversification, and efficiency measures as major avenues for enhancing energy security.

Addressing the projected rapid population growth, Kyari harped on the importance of finding solutions to ensure sustainable energy security for the benefit of current and future generations.

He underscored the intensified competition for vital resources and urbanization drive, which would lead to a doubling of Nigeria’s energy demand by 2050.

On the challenges posed by pipeline vandalism and crude oil theft, the GCEO observed that the issues have impacted NNPC Ltd.’s operations, stressing that the establishment of a command-and-control center has aided the detection and destruction of illegal refinery sites, removal of illegal connections, thereby addressing vandalism across operating corridors since 2021.

“The centre provides livestreaming of surveillance data to security forces, contributing to the detection and destruction of over 5,686 Illegal Refinery (IR) sites and the removal of 4,480 Illegal Connections (ICs) from 2021 to the present,” the GCEO added.

Acknowledging the severity of vandalism and oil theft, Kyari hinted at a strategic shift, focusing on increased products trucking and storage in underground tankages at NNPC filling stations nationwide.

He highlighted NNPC Ltd.‘s expanded retail assets, making it the largest single downstream company in sub-Saharan Africa after acquiring OVH retail stations and associated downstream infrastructure in 2021.

While underscoring NNPC Ltd.‘s transformation into a fully commercial limited liability energy company following the passage of the Petroleum Industry Act in 2021, Kyari said the removal of fuel subsidies has allowed the Company to play a more active commercial role, ensuring profitability and delivering greater value to Nigeria’s growing population.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Lecture Mele Kyari NNPCL Obafemi Awolowo University (OAU)

Post navigation

Previous NNPC Ltd’s Command-and-Control Centre has Aided Battle against Crude Oil Theft, Pipeline Vandalism – Kyari
Next Ibadan explosion: Angry Tinubu says culprits shall be punished 

Related Stories

Oborevwori clears N400bn out of Delta’s N465 legacy debts
  • Business & Economy

Oborevwori clears N400bn out of Delta’s N465 legacy debts

November 1, 2026
Cameroon’s Sonara signs fuel supply deal with Nigeria’s Dangote
  • Business & Economy

Cameroon’s Sonara signs fuel supply deal with Nigeria’s Dangote

October 30, 2026
Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele
  • Business & Economy

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele

October 30, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Nigeria’s Samson Adamu Appointed Permanent CAF General Secretary
  • International News

Nigeria’s Samson Adamu Appointed Permanent CAF General Secretary

November 1, 2026
Troops Rescue 11 Abducted Victims in Dual Kebbi Operations
  • metro

Troops Rescue 11 Abducted Victims in Dual Kebbi Operations

November 1, 2026
OPEC+ keeps December oil output targets steady ahead of tougher call for 2027 OPEC
  • International News

OPEC+ keeps December oil output targets steady ahead of tougher call for 2027

November 1, 2026
Africa CDC Urges Nigeria to Lead 2-Million Community Health Worker Drive by 2030 lives and livelihoods
  • National News

Africa CDC Urges Nigeria to Lead 2-Million Community Health Worker Drive by 2030

November 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.