Business

NNPC GMD: I’ve been receiving death threats

The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC Ltd), Mr. Mele Kyari, has said that he is receiving death threats as a result of the ongoing reformation in the NNPC.

Kyari made this know on Wednesday in Abuja at the Legislative Transparency and Accountability summit organised by the House of Representatives Committee on Anti-Corruption.

The summit is titled, ‘Enhancing Transparency and Accountability in the Oil and Gas Sector: Challenges and Prospects.’

Kyari said that as a result of the implementation of the Petroleum Industry Act (PIA), a lot of changes are ongoing that is affecting the old order.

He said the company had taken down several illegal oil refineries affecting the volume of oil production in the country.

The GMD said that as a result of the activities and effect of the illegal refineries, daily crude oil production had reduced by 700,000 barrels.

“Without mincing words, I want to say that this industry is in a threshold of change, there is massive change going on and it is very expensive and of personal cost to many people including myself.

“There is a threat to life, I can say this, I have several death threats but we are not bothered about this, we believe that no one dies unless it is his time.

“But this is the cost of change, when people move away from what they are used to something new that will take away value and benefit from them, they will react.

“That reaction is benefits to all of us and we will work together to make sure it works out,” he said.

The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, said that over six decades, the oil and gas industry has played a critical role in the economy of Nigeria.

He said that the industry has provided millions of jobs, directly and indirectly, adding that income from the oil and gas sector has funded the administration of government to the tune of hundreds of billions of dollars over the years.

The Star