Photo caption from left: Managing Director/CEO ,NIPCO Plc, Suresh Kumar; Chairman, Chief (Dr) Bestman Anekwe; Company Secretary, Paul Chukwuma Obi, SAN; and Group Executive Director, Corporate Services, Alhaji Abdulkadir Aminu during the company’s 21st Annual General Meeting held at Abuja Continental Hotel, FCT, Abuja
NIPCO PLC is making significant strides in promoting Compressed Natural Gas (CNG) as a cleaner alternative to traditional fossil fuels, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda on energy transition.
NIPCO’ s Managing Director, Suresh Kumar, who disclosed this on the sidelines of the recently concluded Annual General Meeting of the company held at Abuja Continental Hotel, explained that the company has recognized the potential of gas as an auto fuel for over 15 years and is now poised to intensify its investment in CNG infrastructure nationwide.
“NIPCO’s partnership with the government to bolster CNG infrastructure nationwide will enable more motorists and industrial users to benefit from the economic and environmental benefits of gas utilization,” he said.
According to him, the company’s investment in CNG infrastructure will drive growth and profitability while prioritizing sustainability and social responsibility.
“NIPCO’s commitment to sustainability will continue to drive its growth and success, with plans to optimize processes, reinforce internal controls, and enhance brand visibility” the MD stated.
According to him, NIPCO’s workforce has demonstrated dedication and perseverance, driving the company’s growth trajectory.
“Our human capital development has been instrumental in achieving its goals, and NIPCO PLC is dedicated to creating a better future for its stakeholders all vertical of its operations,” he emphasised.
Suresh noted that by investing in CNG infrastructure, NIPCO is driving growth and profitability while prioritizing sustainability and social responsibility ,even as the company is poised to play a leading role in Nigeria’s energy revolution, contributing to a cleaner environment and a more sustainable future for generations to come.
He reiterated the company’s commitment to its stakeholders and the environment, with a promising future outlook,
He said: “We are determined to continually play a leading role in shaping Nigeria’s energy landscape through its CNG investment.
“With our commitment to sustainability and social responsibility, NIPCO PLC is pioneering a new era in Nigeria’s energy sector. The company’s vision for the future is centered around driving growth and sustainability through its CNG investment.”
