The Nigerian National Petroleum Company (NNPC) Limited, started another busy week with its Group managing Director (GMD) and Chief Executive Officer (CEO), Malam Mele Kyari harping on the importance of technology and innovation to the survival of contemporary business organisations.
Speaking at a retreat organised by the Company’s Research, Technology and Innovation (RTI) Division in Abuja, Kyari noted that the survival of NNPC as a limited liability company would depend majorly on the innovative ability of the work force.
He therefore tasked NNPC staff on the need to generate new ideas that would align the company with the present-day realities in the petroleum industry.
He reiterated the need to develop a culture of innovation, where people are allowed to make propositions, improve on processes and speak out freely, adding that there is no way that a culture of innovation can be entrenched without leaning towards technology.
Also speaking at the event, the Group Executive Director, Ventures and Business Development, Dr Billy Okoye said that the NNPC was looking forward to RTI to chart a new course for the growth of the NNPC business in tandem with the global reality.
He said that the retreat would provide an insightful perspective that would shape the evolution of the NNPC Limited into a company that Nigerians would be proud of.
On her part, the Chief Innovation officer, Mrs Betty Ugona urged participants to focus on the key priorities of energy transition with particular focus on NNPC’s business sustainability.
She said the new NNPC with the backing of the PIA is focused on innovation towards the demonstration of extended energy forms away from the fossil fuels via technology that have the potentials to out perform the current market leaders.
The chief innovation Officer noted that innovation was the watchword in every corridor of today’s business, while expressing delight that the NNPC through the RTI was not going to be left behind.
The event also had in attendance, the Group General Manager, NNPC Leadership Academy, Ada Oyetunji
Meanwhile, the NNPC Limited has urged Nigerians to look inwards for the financing of major projects, as this would help to mitigate the effect of stoppage of funds from the international market
The company was of the view that the current global gas crisis was as a result of shortage of investments in the oil sector as activists, investors, and climate change advocates also continue to mount pressure on banks and oil companies to withdraw funding for fossil fuel related projects.
Also in the week, the NNPC’s Advanced Leadership Class 102 donated a borehole to the Sabo – Ido community, a suburb of Abuja, in the Federal Capital Territory (FCT).
Speaking at the commissioning ceremony, the General Manager, Talent Management Department, NNPC, Fatima Yakubu described the gesture as a demonstration of true leadership on the part of the class members and a reflection of the values impacted in them by the NNPC.
Commending the Class on the gesture, she noted that the essence of leadership was service through problem solving.
On his part, the president of the class, Suleiman Suleiman said they were motivated by the need to address one of the sustainable development goals which were ensuring availability of water and sanitation for all.
The Head of the Community, Yakubu Musa, who spoke in Hausa language commended NNPC and members of the class for the gesture.