Author: adminnipco

June 28, 2022

Soaring High in The Face of The Historic 2021 Global Corporate Challenges

L-,R : Non executive directors, NIPCO Plc - Alhaji Sani Yau; Mrs Grace Idowu; Mr Ramesh Virwani and Alhaji Habu Jajere during the company's 18th Annual General Meeting at Transcorp Hilton Hotel Abuja .

A welcome address by NIPCO Plc’s Managing Director/Chief Executive Officer, Suresh Kumar, at the Occasion of the 18th Annual General Meeting of the Company. Distinguished Shareholders, Ladies and Gentlemen. It is with immense pleasure that I welcome you to the 18th Annual General Meeting of the company in our continuous march toward making the organization a reference...

by adminnipco

May 24, 2022

NIPCO, Firm Sign Deals to Encourage More Gas-fired Vehicles

As the federal government shifts emphasis to the use of gas as vehicular fuel, leading integrated energy giant, NIPCO Plc and Femadec Express have entered into a collaboration that will encourage more gas-fired vehicles and also deepen the use of gas for domestic and industrial purposes NIPCO’s Assistant General Manager, Corporate Affairs, Alhaji Taofeeq Lawal, who revealed this development in a statement, further stated that the collaboration would lead to an increase in the number of natural gas-powered vehicles in Nigeria beyond the present figure of over 7,000. NIPCO Gas Limited,...

by adminnipco

April 27, 2022

Express of Interest for Haulage/Transport Services

NIPCO Plc, an integrated downstream operator in the Nation's Oil & Gas Industry with its massive storage facilities in Apapa, Lagos State, hereby invite offers from reliable Transport/Haulage companies for conveying petroleum products across the country.

This request is predicated on the ongoing expansion and enhancement of its operations in downstream value chain in the nooks and crannies of the country.

...

by adminnipco

January 17, 2022

NIPCO Set for Improved Service Delivery

The Nigerian Independent Petroleum Company (NIPCO) has positioned its workforce for improved service delivery. Managing Director and Chief Executive Officer of the company, Suresh Kumar, while addressing staff, thanked the employees for their resilience over the years, noting that the New Year offers a lot of opportunities, which must be optimised by the fuel marketing company. Kumar said the company would continue to take its pride of place within the context of the emerging downstream sector under the PIA. He, however, urged the employees to brace up for the challenges ahead, affirming...

by adminnipco

December 7, 2021

TRIBUTE TO A GREAT COLLEAGUE

Undoubtedly the death of Senator Olugbenga Aluko, an eminent personage was a big loss felt not only by the NIPCO Group, but indeed by the hydrocarbon industry and the nation. The Board, Management and Staff of NIPCO Plc mourn the loss of this intelligent, diligent and iconic son of Ode - Ekiti in Ekiti State. The amiable Senator who rose to the enviable position of Deputy Chief Whip of the Upper Chamber of the National Assembly in the Fourth Republic played crucial roles in several enactments to raise the bar in...

by adminnipco

June 9, 2021

NIPCO PLC ASSURES SHAREHOLDERS OF ROBUST RETURNS

L -R
Managing Director ,NIPCO Plc ,Mr Suresh Kumar ;IPMAN President ,Elder Chinedu Okoronkwo ; former Director ,Alhaji Yakubu Suleiman ; Chairman,Chief Bestman Anekwe ; and Group Execurive Director ,Alhaji Abdulkadir Aminu at the company,s Annual General Meeting in Abuja

Nigerian Independent Petroleum Company, NIPCO Plc, has assured its shareholders of better returns and improved growth in year 2021 and beyond . The Managing Director of the company, Suresh Kumar, who gave the assurance at its Annual General Meeting in Abuja, also expressed optimism that it would actualize the vision of the promoters...

by adminnipco

June 9, 2021

NIPCO EYES GAS, PETROLEUM PRODUCTS TO DRIVE GROWTH

Nigerian Independent Petroleum Company (NIPCO) Plc will sustain its growth by exploiting opportunities in gas and petroleum products marketing. Addressing shareholders at the company’s Annual General Meeting (AGM) in Abuja, Managing Director, NIPCO Plc, Suresh Kumar assured its shareholders of better returns and improved growth in year 2021 and beyond. He expressed optimism that it would actualise the vision of the promoters of the company this year despite the teething challenges in the nation’s oil and gas industry. According to him, the creation of the...

by adminnipco

June 9, 2021

CREATING VALUE FOR SHAREHOLDERS

Despite the difficult operating environment, NIPCO Plc has maintained a steady growth in profit and consistently rewarded shareholders with dividends in the last five years, writes Goddy Egene It is an obvious fact that the operating environment has been very challenging in recent years, leading to many companies to record lower profitability or losses. Companies operating in the oil and gas industries are not left out of the negative impact of the inclement environment. Some leading oil and gas companies have witnessed significant decline in bottom-lines, while others...

by adminnipco

May 31, 2021

CREATING VALUE FOR SHAREHOLDERS

Despite the difficult operating environment, NIPCO Plc has maintained a steady growth in profit and consistently rewarded shareholders with dividends in the last five years, writes Goddy Egene. It is an obvious fact that the operating environment has been very challenging in recent years, leading to many companies to record lower profitability or losses. Companies operating in the oil and gas industries are not left out of the negative impact of the inclement environment. Some leading oil and gas companies have witnessed significant decline in bottom-lines, while others...

by adminnipco