NNPC Transformation on course –Adetunji
The on-going Transformation journey in the Nigerian National Petroleum Corporation (NNPC) is on course and is yielding the desired results, General Manager, NNPC Transformation, Mr. Yemi Adetunji has assured.
Mr. Adetunji gave this assurance during a Knowledge Sharing Forum organised by the Group Learning Department of the NNPC held at the Corporation’s Amphitheatre on Thursday.
“I want to assure that the NNPC Transformation effort is on course. Transformation is a journey and not a destination. This is because you just have to keep going and trying to achieve the very best,” Adetunji stated.
Adetunji, who observed that because business environment and dynamics keep changing, the NNPC needed to re-focus its business objectives towards attaining excellence and delivering maximum value for its numerous stakeholders.
He added: “Before, it was crude oil. Today, it is shale gas. Tomorrow, there could be some new form of oil. But at the end of the day, what is important is that organisations have to look at their environment and internal processes and deliver value to the organisation and shareholders.
He further noted that over the years, the NNPC Transformation Office has partnered with various parts of the organisation to improve on its strategies, processes and performance, a move that has yielded tremendous results for the Corporation.
“For example, in 2009, the Nigerian Petroleum Development Company (NPDC) was doing barely 60,000 bpd. Today we are doing over 110, 000 bpd and we are still growing. Our target is to reach about 250,000bpd of crude oil production by 2020,” he added.
According to Adetunji, other major improvements include the NNPC Retail business, which started with a very low note, but now has over 15% of the market share in the nation’s entire retail business.
He said the NNPC is also moving towards becoming a data-based organisation through the deployment of world-class solutions like SAP and other project management systems and processes.
The Transformation Office is also keying into the Federal Government’s Gas Revolution Agenda which has witnessed a major improvement in gas production by the Nigerian Gas Company (NGC) and the proposed Ogidigben Gas Industrial Park in Delta State.
Earlier in his presentation, the Team Lead Communications in the NNPC Transformation Office, Mr. Umar Gbobe Aminu said the NNPC Transformation Initiatives have achieved about $1bn in terms of bottom line impact since 2009.
He maintained that the various initiatives will continue to deliver real value in the NNPC business growth anchored on three key priorities over the next two years.
These priorities, according to Aminu, are increasing upstream production, improving gas supply and gas infrastructure as well as driving performance management and process improvements.
Also speaking at the occasion, the Manager Knowledge & Competence Management in GLD, Mrs. Philo Ikoko described the Knowledge Sharing Forum as an avenue where staff meet to share knowledge, information and ideas for the overall benefit of the Corporation.