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NIPCO NEWS

NIPCO PLC / NIPCO NEWS (Page 9)

Senate Engage CBN Governor on Forex for Fuel Importers

Nipco plc .an indigenous integrated oil and Gas Company has restated its commitment to promoting use of Liquefied Petroleum Gas [LPG] as domestic cooking gas through the donation of free cylinders to scores of residents of its host community –Apapa. The offer of the accessories which is one of the corporate social responsibility initiatives of the company attracted hundreds of people including community leaders the Baale of Marine Beach, Apapa, Joseph Ogunmola (JP) was also part of the conscious programme of the company to deepen use of gas and discourage use...

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Apapa Primary School Appreciation Letter

Below is an excerpt of an appreciation letter from the Head Teacher, Apapa Primary School, Apapa, Lagos. The management, staff and pupils of the above school wish to sincerely commend and appreciate NIPCO PLC for your support (Morally, materially and financially) to the success of the school sport festival held on Tuesday 8th December, 2015. As a corporate organization NIPCO PLC has continuously assisted the school each time you are called upon. Let me also thank you for your kind gesture in rewarding all our deserving staff with the gift of your branded...

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Nipco Plc Boosts Fuel Supply, Takes Delivery of Imported Product

Nipco Plc, leading downstream oil company in Nigeria, has commenced importation of Premium Motor Spirit (PMS) otherwise known as petrol, in an apparent solidarity with Federal Government’s determination to end fuel queues across the country.   The first consignment of imported product arrived via MT CHAMPION, which has already discharged  37 million litres in NIPCO’s terminal in Lagos against all the challenges facing the sector.The integrated oil company, which disclosed that its action was also to heed the call by the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, that oil...

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NIPCO Boss Advocates for Phase Deregulation

The managing director of NIPCO Plc, Vankataraman Venkatapathy, has called for phase deregulation petroleum in order to reduce the hid economic implication of full deregulation. He noted that since greater populations of Nigerian are poor, a sudden change in policy from regulated market to deregulate may be disastrous and inimical to the nation populace and bad for growth in the economy. “Lots of caution need be put in place so as not to jeopardize the overall interest of the people”, he stated. Vankataraman stated this whilesSpeaking as a Discussant at the...

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NIPCO Receives NAEC Award for Quality Service Delivery

NIPCO Plc, a leading downstream company in Nigeria, has renewed its commitment to ensure hitch-free distribution of petroleum products across the country. Managing Director of the Company, Mr. Venkataraman Venkatapathy, who said this at the August Conference of the National Association of Energy Correspondents (NAEC) in Lagos, Nigeria, maintained that NIPCO would continue to provide veritable avenue for more exemplary service delivery to all Nigerians. Platformsafrica reports that NAEC members presented an award to NIPCO for its services and efforts at ensuring distribution of fuel at the regulated price across the country. The...

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Nipco Wins Best HSE Compliant Terminal Award

Nipco plc, an integrated indigenous downstream operator has won the best safety compliant terminal award for the fourth consecutive year at the preeminent Nigeria Ports Authority honours’ event for tank farm and jetty operators in the nation’s coastline in 2014. The HSE recognition provides veritable avenue for the authority to showcase role models in the oil and maritime industry that have been operating within the context of international best practices in their different fields of endeavour. Speaking at the event, NPA HSE committee chairman, Engr Emmanuel Abazie listed the notable achievements of...

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NIPCO Celebrates Staff, Marks Ten Years Anniversary

Nipco plc an integrated indigenous operator in the nation’s oil and gas industry, has appreciated its staff describing them a key component in the success story of the company since the commencement of commercial operation in 2004 . The Chairman of the company, Chief Bestman P. Anekwe stated this at the Tenth Anniversary and special recognition award ceremony to show gratitude for the contribution of staff and key promoters of the organization in the last ten years. According to him, the event which is the first of its kind in the history...

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CSR Intervention In Ijora Nursery And Primary School

Our CSR interventions in Education sector received a major boost in 2013 with the provision of furniture and scores of educational materials for the nursery section of Ijora Primary School, Lagos. The intervention which also included the inauguration of a modern borehole with treatment plants for the entire school and neighboring community seeks to address the overall health and education needs of the school especially at the foundation level . The CSR initiative at this level is a kin to what we started in Apapa Primary school since 2010 as part of...

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NIPCO Plans Cooking Gas Plant in Adamawa, Ogun

Nigeria Independent Petroleum Company (NIPCO) Plc says it would site a Liquefied Natural Gas plant in Yola, Adamawa State before the end of this year. Ogun and Enugu states would also benefit from the gesture, the Managing Director of the company, Mr. Venkataraman Venkatapathy said. Venkatapathy, who spoke at a media parley in Lagos, said the gesture was aimed at promoting the use of cooking gas in the country, which he said is under-utilized. He also disclosed the intention of the company to spread the use of Compressed Natural Gas beyond...

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