NNPC prepares for global oil trading

Maikanti Baru.Outgoing Group Managing Director of NNPC.

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged oil traders under the purview of the Corporation to sharpen their skills for the challenges ahead as the state-run oil firm seeks to activate its vision of becoming a global player in the industry.

Baru spoke at the NNPC Towers, Abuja while receiving participants billed to depart for onsite customised oil traders training programme organised by the Oxford Princeton, London, for select NNPC workers.

Its Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu in a statement, quoted Baru as saying: “Trading on the major international platforms like the London mercantile exchange, the New York NYMEX, and of course Singapore requires in-depth understanding.

It also requires total loyalty and commitment to your entity, as in the oil and gas industry, the margins are small so the volume definitely matters. We rely on you to make things happen.

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