Ex-NNPC GED Launches Fuel Tracking App, Books on Oil Marketing

Emmanuel Addeh in Abuja

A former Group Executive Director of the Nigerian National Petroleum Company Limited (NNPC), Prof. Billy Okoye, has unveiled two books: “Dynamics of Petroleum Products Marketing” and “Insight into Crude Oil Marketing” in Abuja.

At the event in Abuja, the Group Chief Executive Officer of the NNPC, Mele Kyari, stated that the writing of the books depicted the quality of human beings that have gone through the national oil company.

He recommended the book to both the local and international players, who may want to know what it takes to run the sector in a country like Nigeria.

 “That’s something to be proud of. So we at NNPC are indeed very proud that one of us is not only sharing knowledge that has over the years been with the rest of us, but also something that can grow for a very long time in the academic world and also in the world over,” Kyari added.

Also speaking, the author, Okoye, who is now the Coordinator, Oil, Gas and Energy Marketing at the University of Abuja Business School, said the books aim to offer a comprehensive understanding of the intricate dynamics, the challenges, and strategies involved in marketing commodities.

He stated that the books provide insights into refining processes, pricing mechanisms, political influences, fuel subsidy issues, and the ongoing energy transition processes as well as a comprehensive framework for navigating the complexities of petroleum products marketing.

 “ By offering practical insights and analytical perspectives, this book aims to equip readers with the knowledge and tools needed to navigate the volatile and ever-changing world of crude oil marketing,” he added.

Also speaking, the Chief Host and Vice Chancellor of the University of Abuja, Prof Abdulrasheed Na’Allah, said that Nigeria needs more opportunity for universities to bring about ideas that will resolve some of the gigantic problems in the oil sector.

In his remarks,  Executive Vice President, NNPC, Olalekan Ogunleye, stated that the books will equip readers with the knowledge needed to navigate the broad and often unpredictable nature of crude oil marketing.

Chief Executive Officer, Damat and Sons Limited, Mr Damat Abdullahi, while reviewing the technology, said the application would help people to determine product availability at preferred destination for refuelling.