Categories: Economy And Business Headline

Kyari Hails Tinubu, Says Policies Yielding Positive Results In Currency Market

Kyari spoke in Lagos in a chat with reporters after paying Sallah homage to the President at his Ikoyi residence.

NNPCL Boss, Kyari has hailed President Tinubu while stating that his policies are yielding positive results in the currency market.

 

NewsOnline Nigeria reports that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, yesterday attributed the positive changes in the currency market to the fiscal and monetary policies introduced by President Bola Ahmed Tinubu’s Administration.

This Nigeria news platform understands that Kyari spoke in Lagos in a chat with reporters after paying Sallah homage to the President at his Ikoyi residence.

 

ALSO: Airforce Cadet Dies In Damgrete Hotel Swimming Pool In Umuahia

 

“There are clear monetary and fiscal policies that the president has put in place that are working, and that is bringing about all the changes in the currency market,” he stated.

 

The NNPC boss expressed confidence in the President’s economic management, noting that the combination of improved stability in the company’s projects and better pricing in the petroleum export market has earned Nigeria additional resources.

 

Kyari said: “It is clear that the majority of our exports in this country is petroleum, and that can earn foreign currency. There is a significant improvement today in the market in terms of pricing, and we are also able to establish some level of stability in our projects, which is bringing additional resources available to our country.”

 

He reaffirmed the company’s unwavering commitment to supporting President Tinubu’s agenda of delivering gas to both the domestic and international markets.

 

According to him, the Sallah holiday provided a platform for the corporation’s leadership to reiterate their moral and eternal obligation to serve the country and its leader.

 

“The Sallah is always an occasion for citizens and those with the responsibility to affirm their commitment to their country and President,” Kyari said.

 

He emphasized the importance of aligning with the President’s vision for the oil and gas sector, which is seen as crucial for economic transformation and prosperity.

NewsOnline Nigeria

Recent Posts

  • Brands & Marketing

Fidelity Bank Expands ‘Give Her Power’ Initiative to Ikorodu, Empowers Women With Vocational Tools

Fidelity Bank has expanded ‘Give Her Power’ initiative to Ikorodu and empowered women with vocational…

3 hours ago
  • Economy And Business
  • Top Stories

Aliko Dangote Plans $40bn Multi-Exchange IPO for Dangote Refinery Expansion Across Africa

Aliko Dangote has planned $40bn Multi-Exchange IPO for Dangote Refinery expansion across Africa.   NewsOnline…

3 hours ago
  • Brands & Marketing

GTCO Announces Record ₦12.76 Dividend, Shareholders Applaud Strong 2025 Performance

GTCO has announced record ₦12.76 dividend as shareholders applaud strong 2025 performance.   NewsOnline Nigeria…

13 hours ago
  • Headline
  • Politics

BREAKING: Datti Baba-Ahmed Dumps Labour Party, Set to Join Peoples Redemption Party

Datti Baba-Ahmed has dumped Labour Party and is set to join Peoples Redemption Party.  …

13 hours ago
  • 2027 Election
  • Headline

Labour Party Elects Nenadi Usman as First Female National Chairman Ahead of 2027 Elections

Labour Party has elected Nenadi Usman as First Female National Chairman ahead of 2027 elections.…

13 hours ago
  • Opinion

Power at All Costs: The Illusion of Wealth Without Purpose By Festus Edovia

It is often worth asking: why do some people struggle to acquire everything; wealth, influence,…

13 hours ago