Nigeria’s NNPC receives bids from 34 firms on downstream oil industry assets

A floating fuel filling station belonging to Nigeria’s state oil firm Nigerian National Petroleum Corporation (NNPC) sits idle on a river in the oil rich southeastern Delta state, Nigeria June 18, 2017. REUTERS/Tife Owolabi

The Nigerian National Petroleum Corporation, NNPC, has received bids from 34 firms interested in providing security services to its various petroleum products depots and pump stations across the country.

The Managing Director of the corporation’s midstream subsidiary in charge of pipelines, depots and other storage facilities, NPSC, Luke Anele, disclosed in Abuja at the official bids opening exercise to select firms to provide the security services, according to a statement by the NNPC spokesperson.

Mr. Anele said the exercise was part of the corporation’s strategies to boost security around its depots and pump stations, to ensure steady supply and distribution of petroleum products across the country, particularly in the run up to the forthcoming yuletide season.

Represented by the NPSC’s Executive Director in charge of Pipelines, Danladi Ahmed, the MD said the NPSC was desirous of engaging reputable and competent security firms to safeguard its critical assets to ensure unimpeded operations and efficient service delivery.

“This particular exercise avails us the opportunity to identify competitive offers from competent companies that are ready to secure our assets, such as depots and pump stations at competitive rates,” Mr. Anele was quoted as saying.

“The NPSC assets are wide spread nationwide. It means security is important. If you have anything of value, you must provide security to safeguard it,” he noted.

The MD explained that the bid opening, which was witnessed by representatives of the bidding companies, was to demonstrate NNPC’s commitment to transparency and due process in all its activities.

He assured the bidders of a level playing ground to guarantee the emergence of the best companies among them.

A representative of one of the bidding firms, Pentagon Securities Limited, Dozie Tassie, was quoted in the statement has describing the bidding process as “credible and satisfactory,” saying all bidders were given the opportunity to compete fairly.

“NNPC demonstrated that it was committed to global best practices. Now that everybody has been given the opportunity to verify and confirm that the documents they submitted were not tampered with and the names of participating companies made known, there won’t be cases of people raising eyebrows when winners emerge, because they have witnessed the process and could testify that no company was smuggled in,” Mr. Tassie reportedly said.
Representatives of some of the firms that participated in the bids opening exercise with NNPC General Manager, Supply Chain Management, Sophia Mbakwe (first Left), examining documents for the selection of firms to provide security services at the NNPC’s depots and pump stations across the country.

The NNPC did not, however, disclose the names of the bidding firms in the official statement it issued announcing the bid exercise.

It confirmed that a total of 34 out of the 54 companies firms that submitted bids were invited for the jobs through selective tendering.

Also, it was not clear whether the civil society and the media were part of those invited to observe the exercise.

Group General Manager, Group Public Affairs Department of the corporation, Ndu Ughamadu, who sent the statement, did not respond to inquiries sent on these issues at the time of publication of this report.

However, Mr. Ughamadu said in the statement that public opening of bids was part of the Corporation’s commitment to transparency as a focused, accountable, competitive and transparent organisation, conducting its business with Integrity.

The Managing Director of Goldlight Security Limited, John Eke, also reportedly applauded the NNPC Group Managing Director, GMD, Maikanti Baru, for allowing transparency and due process during the bidding exercise.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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