The Nigerian National Petroleum Corporation and its partners in the oil and gas sector is set to donate the sum of N11 billion to curb the coronavirus pandemic and reduce its effects on the Nigerian economy.
This was disclosed by NNPC’s Group Managing Director, Mele Kyari, via a tweet when he announced the intervention fund on behalf of the oil firm and its partners. The NNPC boss explained that the initiative was in line with the Federal Government’s ongoing efforts to curb the spread of the dreaded virus in the country.
Details: Kyari stated that the intervention was aimed at supporting the country’s healthcare delivery facilities and would cover three major areas. He outlined the areas as provision of medical consumables; deployment of logistics/in-patient support system and delivery of medical infrastructure. He said,
“The three thematic support initiatives amount to a total of $30m (N11bn) and will be delivered in phases, starting today.
“To address the increasing demand of medical services, we are immediately providing medical consumables covering testing kits, medical protective suits and ambulances to the highly impacted areas across the federation.”
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NNPC’s partners: Other industry players that partnered the NNPC to make the intervention are the Niger Delta Petroleum Resources Ltd, Oando Oil Limited, Oriental Energy Resources Ltd, Pilar Oil Limited, Platform Petroleum Limited, Seplat Petroleum Development Company Plc and Shoreline Natural Resources.
The national oil firm also listed Suntrust Oil Company Nigeria Limited, Vertex Energy Limited, Waltersmith Petroleum Oil Limited and Yinka Folawiyo Petroleum Limited, among others.
UPSTREAM OIL & GAS INDUSTRY INTERVENTION INITIATIVE ON #COVID-19: THE OFFICIAL PRESS STATEMENT ???@Shell_Nigeria@ExxonMobil_NG @TOTALNigeria@Chevron @eni @aiteogrp @erotonep @Oando_PLC pic.twitter.com/IMf0LjtW42
— NNPC Group (@NNPCgroup) March 27, 2020