Saturday, November 23

Kyari Assures Indigenous Shipping Coys of Greater Patronage

By Dayo Omoogun

The Nigerian National petroleum Corporation (NNPC) has expressed its readiness to support indigenous fleet owners to enjoy greater patronage and participation in the oil and gas maritime business in Nigeria.

 

“We believe in this process, we will ensure that Nigerian ships enjoy a greater patronage in the business henceforth,” Kyari assured.

The Group Managing Director of NNPC, Mallam Mele Kyari, gave the assurance while playing host to members of the Nigerian Fleet Implementation Committee who paid a working visit to the NNPC Towers, Abuja, on Wednesday.
Speaking earlier, Chairman of the Committee, Mr. Hassan Bello, said Nigeria was losing $1.9bn to foreign ship owners annually while appealing to the GMD to encourage NNPC subsidiaries to always engage indigenous shipping companies in their businesses.

Bello urged NNPC to grant local shipping companies the right of first refusal in crude oil lifting contracts, saying it would help grow the economy and sustain their businesses.

The Chairman noted that the Committee was set up three years ago by the Federal Ministry of Transportation with a mandate to promote Nigerian ownership of ships and vessels to enable local companies take control of the shipping business which is in line with the economic diversification policy of the Federal Government.

 

 

 

 

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