NNPCL Finally Opens Up On ‘Awarding Control Of Pipelines To Cabal’

NNPCL Finally Opens Up On ‘Awarding Control Of Pipelines To Cabal’

On Sunday, the Nigerian National Petroleum Company Limited (NNPCL) refuted a report claiming that its Managing Director, Mele Kyari, discreetly granted control of Nigeria’s pipelines to a Northern oil “cabal,” deeming it as entirely untrue.

The company issued a statement via its official platform on X, asserting that the report was intentionally fabricated to tarnish its reputation.

Read Also Man Hosts House Party With Nak3d Girls (VIDEOS)

NNPCL clarified that the contracts for the pipelines were openly advertised and awarded through a meticulous evaluation process, adhering to industry standards.

Read Also Pastor Caught Inside Hotel With Assistant Pastor Wife (VIDEO)

The selection process was rigorously conducted, following the guidelines of the Bureau of Public Procurement (BPP) and involved the expertise of the Infrastructure Concession Regulatory Commission, along with active participation from a transaction advisor.

Read Also [BREAKING] Tinubu’s Certificate: Atiku Devastated As Lawyers Tell Him Supreme Court Unlikely To Admit Fresh Evidence (DETAILS)

“The attention of the Nigerian National Petroleum Company Limited has been drawn to reports in an isolated section of the media alleging underhand dealings in the award of contracts for the rehabilitation of pipelines across the country.

“It is crucial to provide accurate information to address any misconceptions and ensure transparency in our operations. We would like to state categorically that these reports are fallacious and designed to bring the good name of the Company into disrepute.

“NNPC Limited is deeply committed to adhering to the highest standards of transparency and global best practices in all our activities, and this includes our contracting process.

“These contracts, which were advertised, were awarded based on rigorous evaluation criteria and in line with industry norms,” the NNPCL said.

Insisting on “our commitment to transparency”, the company said it always “subjected the selection process to a competitive tender guided by Bureau of Public Procurement (BPP) standards, Infrastructure Concession Regulatory Commission expertise, and the active involvement of a Transaction Advisor.”

“We also had representations from NEITI and the Ministry of Justice in the project development team and the evaluation exercise,” the statement added.

Awarded contracts

The company also gave the composition of consortium members per lot spread across Nigeria as follows:

LOT 1: Oilserve Ltd, Chu Kong Steel Pipe Group Company Ltd, Saudi Crown Oilserve.

LOT 2: MacReady Oil and Gas Services, COBRA Instalicios S.A, Control Y Montajes Industriales & International De Pipelines, Iron Products Industries Ltd, Batelitwin Global Services Ltd, Bauen Empresa Constructora SAU, Sanderton Energy Ltd, The Spanish National Association of Manufacturers.

LOT 3: A A Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, VAE Controls S.R.O.

LOT 4: MRS Oil and Gas, CPPE Nigeria Ltd,” it added.

“It is imperative to emphasise that these contracts are Build, Operate and Transfer agreements, and selected partners are to finance the rehabilitation and do not entail the transfer of control of these assets to any particular company.

“Our objective is to enhance the integrity and functionality of the pipelines to facilitate the efficient transportation of crude oil to refineries and the distribution of its products across the country.

“The ownership of these strategic national assets remains with NNPC Limited, and we are fully committed to ensuring their continued operation in the interest of over 200 million Nigerians,” it said.

Never Miss Any News, Join Our WhatsApp Group With This Link Below

https://chat.whatsapp.com/DdBOorlQD6wE9BhmOAon3c