Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Energy

NNPC, partners to invest 53% of COVID-19 N21 billion intervention

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
June 12, 2020
in Energy
FG to give up majority stakes in its 4 refineries, to be privately managed, NNPC, Pipeline Vandalism: Stakeholder collaboration, critical to tame menace - Kyari, Nigeria explains when it will fully comply with OPEC+ output cut
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian National Petroleum Corporation (NNPC) has announced that along side with its partners, it would be investing  53% of the N21 billion COVID-19 donations from the oil and gas sector to be used in construction of hospitals across the six geo-political zones.

According to a statement signed by its spokesman, Dr. Kennie Obateru, in Abuja, on Thursday, the oil and gas sector had pledged N21 billion in kind to be used for intervention in the healthcare delivery system.

He said further that “53% of the sum pledged has been earmarked for the construction of medical infrastructure across the six geopolitical zones in the country,’’ and this was to come from NNPC and its partners.

He noted that the ground-breaking ceremonies for the construction of 200-bed Infectious Diseases Hospitals with in-situ laboratory had already been done in Bayelsa, Borno and Katsina States, while that of the other locations will come up shortly

READ MORE:NNPC, partners donate N11 billion to curb Coronavirus

Quoting the Group Managing Director of NNPC, Mallam Mele Kyari, who led the intervention group, said that the initiative will expand and upgrade to deliver 14 medical centers in total and two Intensive Care Units (ICUs) across the country.

NNPC, partners to invest 53% of COVID-19 N21 billion intervention

According to him, a recent report of the group’s delivery schedule indicates that other medical consumables and logistic support have been delivered to 20 states and the Federal Capital Territory (FCT), while other states will receive theirs before the end of June 2020.

The group has also allocated 26% of the intervention funding to the deployment of logistics and in-patient support systems, while 21% was allocated for the provision of medical consumables across the country.

“All the initiatives by the respective stakeholders form part of their usual Corporate Social Responsibility (CSR) programme/commitments. 

“The report said medical consumables comprising respirators, protective suits, and test kits as well as logistics and in-patient support systems among which are ambulances, ventilators and beddings and laboratory equipment have been delivered to 21 states and the Federal Capital Territory,’’ he stated.

READ MORE: Julius Berger offered 20% stake in oil firm

According to him, Adamawa, Akwa Ibom, Borno, Delta, Ekiti, Enugu, Imo, Jigawa, Kwara, Kaduna, Kano, Katsina, Lagos, Ogun, Ondo, Osun, Oyo, Sokoto, Plateau and Rivers State as well as the FCT have received medical consumables as well as logistics and in-patient support systems.

“Intervention is provided in kind by donors using internal transparent procurement processes driven with a clear governance structure of the various coalescing companies,’’ Obateru, said

The intervention group’s Governance Committee is headed by the NNPC GMD and comprises Managing Directors of oil companies and other industry players.

The NNPC, Oil Producers Trade Section (OPTS), Independent Petroleum Producers Group (IPPG), Depot and Petroleum Products Marketers (DPPMA), Petroleum Technology Association of Nigeria (PETAN), Nigeria Liquefied Natural Gas Limited (NLNG)and Major Oil Marketers Association of Nigeria (MOMAN), make up the Oil Industry Intervention group.

Related

Tags: Corporate Social Responsibility (CSR)Dr Kennie ObateruIntensive Care Units (ICUs)Mallam Mele KyariNigerian National Petroleum Corporation (NNPC)Oil Producers Trade Section (OPTS)

Comments 1

  1. Abdulahi Danladi says:
    June 12, 2020 at 3:26 pm

    Useless people. COVID-19 has become an avenue to loot and misappropriate public funds. You’re unable to provide for staff welfare but you know how to spend billions to build hospital in Buhari’s village. Days of reckoning is coming Mr. Puppet GMD.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Eco Bank
Access Bank
Bankers Committee
First bank


Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Kwakol Markets




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • 2021/2022 UEFA Champions League: See how much winner will rake in prize money
    • INEC extends primary election deadline to June 9
    • Gains from Airtel pushes NGX ASI above 54,000 basis points

    Follow us on social media:

    Recent News

    2021/2022 UEFA Champions League: See how much winner will rake in prize money

    2021/2022 UEFA Champions League: See how much winner will rake in prize money

    May 27, 2022
    Voter registration: IVED will eliminate PVC fraud – INEC

    INEC extends primary election deadline to June 9

    May 27, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com