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NNPC Granted License to Operate HMO …Unveils 15 winners of the 2019/2020 DSDP Crude Oil Lifting Contracts

-By Fred Ojiegbe

Healthcare management in the country recently received a boost when the National Health Insurance Scheme (NHIS) granted the Nigerian National Petroleum Corporation (NNPC) the license to operate a Health Maintenance Organization (HMO) that will provide qualitative healthcare services to Nigerians in all walks of life.

The accreditation which granted the National Oil Company the authority to establish and operate a functional HMO comes as a forerunner to the enviable plan by the corporation to activate a first rate medical delivery system across the country with potential to halt the ugly trend of medical tourism by Nigerians to other jurisdictions.

The corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu disclosed this in a statement made available to Valuechain.

Receiving the certificate of accreditation at the NHIS Headquarters in Abuja, the Managing Director of the NNPC HMO, Dr. Musa Ribadu, said NNPC, being a corporation known for quality performance, was ready to improve the scheme and offer real-time value to the prospective beneficiaries of its packages.


Dr. Musa Ribadu, (left) Managing Director, NNPC HMO receiving Certificate of Accreditation from Dr. Muhammed Nasir Sambo, Executive Secretary, National Health Insurance Scheme (NHIS) in Abuja

According to him, the NNPC HMO Limited is poised to be the most preferred HMO in Nigeria and a role model that NHIS would be proud of its unique healthcare offerings.

“We are confident that our entry into the market will increase the national coverage statistics by at least 1 – 2 digits. We have better knowledge of the Oil and Gas Sector that can attract active participation within this sector for the scheme,” he said.

The NNPC HMO boss said the initiative to invest in this venture was part of NNPC’s plans to diversify its revenue base and contribute to the corporation’s bottom line.

In his remarks, the Executive Secretary, NHIS, Dr. Muhammed Nasir Sambo, expressed confidence in the capacity of the NNPC to fully utilize the opportunity offered by the NHIS accreditation to operate an efficient HMO that will delivered the much desired first rate services to its clientele.

Sambo commended the corporation for its track record over the years, wishing the National Oil Company well in its future undertakings.

“I am not unaware that NNPC is one of the most organized organizations in Nigeria and since they are well organized we have no doubt in our minds that NNPC will do whatever it takes to uphold the virtues and tenets of health insurance in Nigeria,’’ he said.

In another development, the Nigerian National Petroleum Corporation (NNPC)) recently released the list of 15 winners of the crude oil lifting contracts 2019/2020 under the Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement.

The publication of the list winners is coming shortly after the new Group Managing Director of the corporation, Mele Kyari, promised to make the list public as part of his commitment to ensuring transparency and accountability in the operations of the national oil company.

The list confirms that 15 winners had emerged after the financial bid exercise held earlier this year.

In a statement made available to Valuechain by the NNPC spokesperson, Ndu Ughamadu, gave the list of successful companies as follows:

  1. BP OIL INTERNATIONAL LTD./AYM SHAFA LTD.
  2. VITOL SA/CALSON-HYSON
  3. TOTSA TOTAL OIL TRADING SA/TOTAL NIG. PLC
  4. GUNVOR INTERNATIONAL B.V./AY MAIKIFI OIL & GAS CO. LTD.
  5. TRAFIGURA PTE LTD./A. A. RANO NIG. LTD
  6. CEPSA S.A.U./OANDO PLC
  7. MOCOH SA/MOCOH NIG. LTD.
  8. LITASCO SA/BRITTANIA-U NIG. LTD./FREEPOINT COMMODITIES
  9. MRS OIL & GAS COMPANY LTD
  10. SAHARA ENERGY RESOURCE LTD
  11. BONO ENERGY LTD./ETERNA PLC/ARKLEEN OIL & GAS LTD./AMAZON ENERGY
  12. MATRIX ENERGY LTD./PETRATLANTIC ENERGY LTD./UTM OFFSHORE LTD./LEVENE ENERGY DEVELOPMENT LTD
  13. MERCURIA ENERGY TRADING SA/ BARBEDOS OIL & GAS SERVICES LTD./RAINOIL LTD./PETROGAS ENERGY
  14. ASIAN OIL & GAS PTE LTD./ EYRIE ENERGY LTD./ MASTERS ENERGY OIL & GAS LTD/CASIVA LTD
  15. DUKE OIL COMPANY INCORPORATED.

The contract is for one year effective October 1, 2019, till September 30, 2020.

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