NIPCO NEWS Archives - Page 5 of 10

June 13, 2018

Human Capital Remains Our Greatest Asset – NIPCO Boss

The Managing Director, NIPCO Plc, Sanjay Teotia has expressed the company’s resolve to ensuring safe and healthy working conditions for all its workforce through plethora of measures put in place to sustain safe and secure working environments for all employees. The MD who disclosed this in an address to mark this year NIPCO safety week in commemoration of World Day for Safety & Health at Work as declared by the International Labour Organization [ILO] said the avowed commitment is in realization of the company’s human capital as the greatest asset of...

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May 11, 2018

NIPCO NEWS

NIPCO Marks Safety Week

NIPCO joins the rest of the world to mark the World Day for Safety and Health at Work [Safe Day] as part of our commitment to Sustaining a Positive HSE Culture in our work environment. The theme of this year celebration which was marked worldwide on April 28 is: Generation Safe & Healthy. Series of events have been lined up to mark the Week in commemoration of the World Safety Day. The events scheduled to hold on May 8 & 9, 2018 include lectures, road walk, awards to deserving personnel who have...

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March 11, 2018

CSR NIPCO NEWS

Emulate NIPCO Support To Education :: LG Boss Urges Companies

The Apapa Local Government Chairman, Hon. Owolabi Elijah Adele has lauded the contributions of NIPCO Plc to education in the LG over the years describing the feat as being exemplary The LG Boss who spoke through the Education Secretary, Apapa LGA, Mrs Fausat Olawepo at the 29th Inter House Sports of Apapa Nursery & Primary School proudly sponsored by NIPCO government had watched with delight the level of support being offered by the company through plethora of assistance to schools in the LGA. He recalled that aside from the yearly sponsorship of...

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March 2, 2018

NIPCO NEWS

NIPCO Helmsman, Sanjay Teotia Inducted as IOD Member

The Managing Director, NIPCO Plc, Sanjay Teotia has been inducted into the prestigious Institute of Directors, apex body of the private sectors that caters & speaks for directors in their various sectors and across the various sectors of the economy. The induction along with scores of distinguished board gurus across the country was held and Eko Hotel, Lagos. The IOD is a corporate leadership organization involved in promoting professionalism through continuous education information sharing, networking of opportunities and positive contributions to the socio - economic and political growth of Nigeria. It presents a...

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February 22, 2018

NIPCO NEWS

NIPCO Bags Maiden NIPS Oil Gas Award

NIPCO Plc has bagged an Oil and Gas Industry Award over its unprecedented acquisition of ExxonMobil stake in Mobil Oil Nigeria Plc. The award, which was in recognition of the company's huge financial investments in the nation's downstream sector of the hydrocarbon industry, was the highlight of the maiden Nigeria International Petroleum Summit held in Abuja. Presenting the award to the company at an impressive event witnessed by key stakeholders in the industry, the Permanent Secretary, Federal Ministry of Petroleum Resources, Dr Folasade Yemi - Ojo, said that it was part of...

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February 11, 2018

NIPCO NEWS

Why Workers Are Our Major Assets – NIPCO MD

The Management of NIPCO Plc has explained why the workforce of the downstream giant has remained the major asset of the company since its inception in 2004. Managing Director of the company, Mr Sanjay Teotia who was reflecting on the performance of the integrated downstream operator at the company’s long service awards in Lagos said that the efforts of the workforce have made the organization remained a benchmark in the hydrocarbon industry. “Your efforts over the years have made the organization remain a benchmark for operators in the downstream sector of...

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February 2, 2018

CSR NIPCO NEWS

Recognition Will Boost Our Social Investment Drive – NIPCO MD

The spate of recognition of NIPCO’s efforts in the hydrocarbon industry by stakeholders especially by host communities will spur the company in its social investment programmes. Responding to the presentation of award by Lagos State Universal Basic Education Board, Apapa LGEA and Head Teachers of the two adopted schools in the state, Managing Director, NIPCO Plc, Mr Sanjay Teotia said the recognition would compel the company to improve lives of its immediate environment. The team which came to present commendation plaques to NIPCO was led by the Education Secretary, Apapa LGEA, Mrs. Fausat Olawepo...

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January 1, 2018

NIPCO NEWS

Managing Director’s New Year Message to Staff

My dear fellow colleagues, I wish to felicitate with you all as we step into the New Year, 2018 with a sense of optimism of better days ahead. From my vantage position, I am upbeat about our company's growth pattern. May I seize the opportunity of this missive, which is my maiden one since assumption of office as the Managing Director to express my appreciation of the great work you have been carrying out for the company. I join you all in giving thanks and praises to God Almighty for His...

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December 31, 2017

NIPCO NEWS

MAKE CNG KITS DUTY FREE, STAKEHOLDERS TELL FG

Stakeholders in the oil and gas sector have urged the Federal Government to make importation of kits on Compressed Natural Gas (CNG) duty free to encourage effective vehicular gas utilisation. They made the appeal in separate interviews with the News Agency of Nigeria at the weekend in Lagos, while speaking on the slow pace at which vehicles switched to the use of CNG. Sunday Dawodu, managing director, Skylop Ultimate Gas Limited, observed that the high cost of CNG accessories contributed to the sluggish manner at which motorists were converting their vehicles...

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December 30, 2017

NIPCO NEWS

Retirement of NIPCO GMD

Management hereby announce the retirement of NIPCO Group Managing Director, Mr Venkataraman Venkatapathy with effect from December 19, 2017. Mr Venkatapathy joined the services of NIPCO in 2009 as Head LPG and was elevated to the position of Managing Director in January 2011. Following the completion of the acquisition of 60% ExxonMobil stake in Mobil Oil Nigeria Plc by NIPCO Plc April, 2016, Venkataraman Venkatapathy was appointed Group Managing Director [GMD], NIPCO Plc in December 2016 . The former NIPCO GMD has about four decades cognate experience in the hydrocarbon business. Management wishes him...

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