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

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...

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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,...

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Express of Interest for Haulage/Transport Services

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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...

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Managing Director’s Message On Covid- 19

Dear colleagues   We have monitored situations and developments across the world and particularly Nigeria over the spread of coronavirus, popularly referred to as COVID -19. Subsequently ,plethora of measures have been put in place to bring into the front burner the awful effect of the virus across the globe including a medical talk and awareness campaign on Thursday ,March 5 ,2020 and the placement of hand sanitizers at all entry points into the terminal  . We initiated the measures to avoid any lethargy while heeding government and health officials counsel on...

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NIPCO CONVERTS 5,600 VEHICLES ENGINES FROM PETROL TO GAS

Nipco Plc has converted a total of 5,600 vehicles in Nigeria to use Compressed Natural Gas (CNG), as one of the company’s efforts at providing access and alternative to motorist to power their automobiles. Managing Director of the company, Mr. Sanjay Teotia, who disclosed this on the sidelines of the just concluded 11th International Conference and Exhibition of the Nigerian Gas Association (NGA) in Abuja, maintained that the conversion of the 5,600 vehicles were done at the company’s workshops in Benin, Edo State and Ibafo, Ogun State. Expressing delight to...

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Harmonisation Of NIPCO, Mobil Oil Operations Begins

•Venkatapathy (third left) speaking at the event. With him (from left) are Group Executive Director, Legal Services Paul Obi, Mobil Managing Director Tunji Oyebanji and Group Executive Director, Corporate Services Alhaji Abdulkadir Aminu. • Mobil retail outlets now II Plc With the completion of acquisition of 60 per cent ExxonMobil’s shares in Mobil Oil Nigeria (MON) Plc, following statutory approvals from the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE), NIPCo Plc has begun harmonising the operations of the two firms. Its Group Managing Director, Mr. Venkataraman Venkatapathy, said...

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NNPC, NIPCO Fuel Distribution Deal Hits 1.8 Billion Litres Mark

The storage arrangement otherwise known as thru put operated by the Nigerian Independent Petroleum Company (NIPCO) for the Nigeria National Petroleum Corporation (NNPC) has reached a record mark of 1.8 billion litres in the last nine years.   The thru put programme, which allowed the NNPC to use NIPCO’s storage facility for storage and distribution of petrol and kerosene commenced in 2007 and has significantly aided smooth distribution of petroleum products in the country.   The Group Executive Director/Chief Operating Officer, NNPC (Downstream), Henry Ikem Obih, who was on a visit to the company’s...

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