NIPCO upbeat on 2018 operations

Amidst the current fuel crisis in the country NIPCO has offered some soothing words to stakeholders, promising “market friendly rates” for all petroleum products from its depot in 2018.


New Managing Director of the company, Sanjay Teotia, who said this in a New Year message to staff, also promised unfettered access to petroleum products, including Liquefied Petroleum Gas (LPG) also known as cooking gas to Nigerians from its facilities in Apapa, Lagos. 

Stating that his company would “remain a reference point as a market leader in products marketing, working for the benefits of our stakeholders,” Teotia declared; “Our depot will continue to be a major player in ensuring unfettered access to petroleum products at market friendly rates.”


In the Liquefied Petroleum Gas (LPG) business, he said; “We would seize the opportunity of our present status as the outfit with the largest LPG storage facility in the country to enhance access to the product by promoting the consumption of LPG, otherwise referred to as cooking gas through flawless operations with a view to aligning with the federal government policy to revitalize domestic cooking gas use across the country.”

According to him, NIPCO’s meteoric rise among its peers has consistently shown that the organization is a world class company, operating in a highly endowed oil and gas country.

“We hope to build on the successes of the out gone year in conscious move to take the company to greater heights, leveraging on our unique infrastructure and highly committed workforce.

“We would continue to build on our Corporate Social Responsibility programmes. Our desire is to significantly impact positively on our host community in sports and education through series of sponsorship school programme in Apapa LGA, Lagos and other parts of the state and the country at large,” he said.

Felicitating with staff who he addressed as “my dear fellow colleagues,” the new Managing Director said that New Year hold high optimism of better days ahead. 

 “Be assured that I would strive to keep a happy and well motivated workforce based on a transparent performance driven reward and compensation system aimed at enhancing the company’s service delivery.


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