NNPC maps out strategies to secure downstream assets


The Nigerian National Petroleum Corporation has mapped out strategies to boost security around its depots and pump stations to ensure they remain functional.

The NNPC Group General Manager, Public Affairs Division, Mr Ndu Ughamadu, in a statement said this was part of efforts to consolidate on the successes recorded in the steady supply and distribution of petroleum products across the country.

The statement reported the Managing Director of the Nigerian Pipeline and Storage Company, Mr Luke Anele, as saying the company was desirous of engaging reputable and competent security firms to safeguard its critical assets for efficient service delivery.

He said, “This particular exercise avails us the opportunity to identify competitive offers from companies that are competent and ready to secure our assets such as depots and pump stations at competitive rates.

“The NPSC assets are widespread nationwide, which means security is important; if you have anything of value, you must provide security to safeguard it.”

NPSC is a midstream subsidiary of the NNPC in charge of depots and pipelines.

A total of 34 firms submitted bids for the security services out of the 54 companies invited for the jobs through selective tendering.

Ughamadu said the bid opening was conducted openly in the full glare of representatives of the bidding companies to demonstrate the NNPC’s commitment to transparency and due process in all its activities.

He said a cross-section of participating companies which witnessed the event, expressed their satisfaction with the conduct of the exercise.

“They described the Corporation as a transparent company that operates according to the dictates of best global standards,” he said.

The opening of the bid is part of the Corporation’s commitment to transparency as a focused, accountable, competitive and transparent organisation, conducting its business with integrity.


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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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