Business Headlines

Fuel distribution: NNPC moves to secure downstream assets

…as 34 firms bid for corporation’s security services
The Nigerian National Petroleum Corporation (NNPC) has said that it has mapped out strategies to boost security around its depots and pump stations to ensure they remain functional.

The NNPC said that this measure is part of efforts to consolidate on the successes recorded in the steady supply and distribution of petroleum products across the country.

Managing Director of the Nigerian Pipeline and Storage Company (NPSC), Mr. Luke Anele, stated this recently, during a bid opening exercise for the selection of firms to provide security services at the company’s depots and pump stations across the country.

Represented by the NPSC’s Executive Director in charge of Pipelines, Mr. Danladi Ahmed, the MD stated that the NPSC was desirous of engaging reputable and competent security firms to safeguard its critical assets to ensure unimpeded operations and efficient service delivery.

He said, “This particular exercise avails us the opportunity to identify competitive offers from companies that are competent and ready to secure our assets such as depots and pump stations at competitive rates.

The NPSC assets are wide spread nationwide, which means security is important; if you have anything of value, you must provide security to safeguard it.”

NPSC is a midstream subsidiary of the NNPC in charge of depots and pipelines.

The MD stated that the bid’s opening was conducted openly in the full glare of representatives of the bidding companies to demonstrate the NNPC’s commitment to transparency and due process in all its activities.

He assured the bidders of a level playing ground that would guarantee the emergence of the best companies among them.

However, a cross- section of participating companies who witnessed the event expressed their satisfaction with the conduct of the exercise, describing the Corporation as a transparent company that operates according to the dictates of best global standards.

Mr. Dozie Tassie, who represented Pentagon Securities Ltd, described the bidding process as credible and satisfactory, adding that everybody was given the opportunity to compete fairly.
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While applauding the efforts of the NNPC GMD, Dr. Maikanti Baru, the Managing Director of Goldlight Security Ltd, Chief John Eke, stated that the exercise was transparent.

A total of 34 firms bided for the security services out of the 54 companies that were invited for the jobs through selective tendering.

The public opening of bid is part of the corporation’s commitment to transparency as a Focused, Accountable, Competitive and Transparent organisation, conducting its business with Integrity (FACTI).

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