Business
NNPC Ltd Group CEO, Kyari, denies investment in blending plant in Malta
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, @MKKyari, on Tuesday, denied having investment in blending plant in Malta, after the allegation by the President of the Dangote Group, Aliko Dangote, that “some NNPC people have opened a blending plant somewhere off Malta where they bring in poor quality products with fake certificates.”
According to Mele Kyari,”to clarify the allegations regarding blending plant, I do not own or operate any business directly or by proxy anywhere in the world with the exception of a local mini Agric venture.
The NNPC Limited GCEO argued that “a blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.”
READ ALSO: Obi calls for full support for Dangote refinery
Mele Kyari, in a statement, declared: @MKKyari “I am inundated by enquiries from family members, friends and associates on the public declaration by the President of Dangote Group that some NNPC workers have established a blending plant in Malta thereby impeding procurements from local production of Petroleum products.
“To clarify the allegations regarding blending plant, I do not own or operate any business directly or by proxy anywhere in the world with the exception of a local mini Agric venture. “Neither am I aware of any employee of the NNPC, that owns or operates a blending plant in Malta or anywhere else in the world.
“A blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.
“For further assurance, our compliance sanction grid shall apply to any NNPC employee who is established to be involved in doing so if availed and I strongly recommend that such individuals be declared public and be made known to relevant government security agencies for necessary actions in view of the grave implications for national energy security.”
Aliko Dangote had stated: “Some NNPC people have opened a blending plant somewhere off Malta where they bring in poor quality products with fake certificates.
“I don’t fear anybody and I will say more as we progress and will fight them head on.”
-
Education7 days agoUniversity of Ibadan releases 2026/2027 post-UTME screening results
-
Football7 days agoUnpaid £185m Club World Cup fund sparks fresh FIFA controversy
-
Business6 days agoBreaking: NNPCL reduces pump price of petrol as competition intensifies
-
Football2 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business2 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Latest6 days agoObasanjo’s Abeokuta summit ignites fresh talks of opposition realignment
-
Aviation6 days agoHow visa restrictions fail to slow Nigerians’ ‘Japa’ trend
-
Business6 days agoFirst HoldCo, UBA lead rally as banking stocks lift NGX


