International oil companies are preparing another $50 billion of oil and gas projects to push up production towards 4 million barrels a day according to Mele Kyari the Managing Director of the Nigeria National Petroleum Corporation (AC Vol 60 No 17 Executive exerts its privilege)...
Close relations between the managing director of the state Nigerian National Petroleum Corporation (NNPC) Mele Kyari and presidential chief of staff Abba Kyari (no relation) who also sits on the company's board might bolster reform prospects...
Setting a clear programme for reform and accountability as Mele Kyari has done is all the more critical and the country's oil and gas sector's production is stagnating as it struggles with a lack of investment...
NNPC chance for reform President Muhammadu Buhari's appointment of Mele Kyari petroleum engineer and former head of marketing as group managing director of the Nigerian National Petroleum Corporation (NNPC) is his second major economic appointment a month into his second term...