NNPC’s NAPIMS Becomes First Government Institution in Africa to Obtain Business Continuity Certification
Ifeanyi Onuba

National Petroleum Investment Management Services has received ISO22301:2019 certification for Business Continuity Management System from RINA Italy, making it the first government institution in Africa to receive the certification.

The presentation was made on Friday in Abuja at the headquarters of the Nigerian National Petroleum Company Ltd at an event attended by Minister of State for Petroleum Resources Timipre Sylva, NNPC Board Chairperson Ms. Margery Okadigbo ; NNPC Group Managing Director Mele Kyari, NAPIMS Group Managing Director Bala Wunti and other senior NNPC executives.

The event also saw the unveiling of NAPIMS’ Electronic Materials Management System which aims to provide effective and efficient inventory tracking in the oil and gas industry.

ISO 22301:2019 is the international standard for business continuity management system, published by the International Organization for Standardization, designed to help organizations prevent, prepare for, respond to and recover from unexpected incidents and disruptive.

To do this, the standard provides a practical framework for setting up and managing an effective business continuity management system.

Certification also aims to protect an organization against a wide range of potential threats and disruptions.

Speaking at the event, Wunti described the certification as a game-changer in the industry as it would help ensure the company’s operations are in line with global best practices.

He said that when he took office in March 2020 as the boss of NAPIMS, his main mandate was to ensure that the crude oil sector continues to remain profitable in a sustainable way through the reduction of the cost of production of crude oil. oil.

Regarding the electronic material management system, he said the need to develop a strategy that would give visibility to its assets in a proactive way that minimized waste informed the move.

The e-MMS is an end-to-end automated inventory management platform, developed to manage inventory, material exchange, auctioning and disposal of assets.

Wunti said the e-MMS will support NAPIM’s cost-saving initiative, provide seamless inter-inventory exchange, and offer an online direct payment gateway for items purchased on the auction platform.

He said, “We had to develop a strategy that gave us end-to-end visibility into our assets. We believe that by fully standardizing our processes and procedures, we would have redesigned our business and operating model.

Also speaking, the Upstream Group Executive Director, Mr. Adokiye Tombomieye, said that since the GMD took over the leadership of the NNPC and enshrined the transparency, accountability and performance excellence agenda, all NNPC’s policy directions have been geared towards positioning the National Oil Company among its peers in the global oil and gas space.

He said these initiatives have been largely responsible for transforming NNPC into a world-class energy company.

He said, “For us in the Upstream direction, we are focused on strategically positioning this industry to set quality standards in all our operations to enable us to compete globally.

“We understand that standardization and digitization are key to achieving our goals. As such, we are committed to implementing automation in accordance with industry best practices and eliminating any form of discretion in our decision-making processes.

“One of the objectives of this gathering is for NAPIMS to obtain certification from the International Organization for Standardization – ISO 9001:2015 and ISO 22301:2019. ISO certifications lend credibility to the system and suggest compliance with global standards for businesses. It is also remarkable that this realization occurs in more than 30 years of NNPC’s existence.

GED said ISO Quality and Business Continuity Management System certification demonstrates NNPC Limited’s commitment to ensuring the efficiency and effectiveness of our change management, risk management and stakeholder management.

He commended Kyari, Wunti and other NNPC senior management for their unwavering efforts to put NAPIMS on the right path to becoming a world-class portfolio manager in the upstream oil and gas sector.

In his remarks at the event, Okadigbo said that achieving ISO certification in Business Continuity Management Systems and Quality Management Systems further attests to the commitment of the Board of Directors of NNPC to the Transparency, Accountability and Performance Excellence Program.

Okadigbo told the assembly that standardization and digitalization are key elements in achieving NNPC’s objectives, adding that the management of the national oil company will ensure that NNPC’s operations are automated and standardized to meet the industry best practices.

She said, “NNPC is focused on its strategic positioning to compete globally and set new standards in the energy industry.

“Standardization and digitization are key to achieving NNPC’s goals and as such, we are ready to ensure that NNPC’s operations are automated and standardized to meet industry best practices.

“Automating this management process will further reduce asset ownership costs and ensure seamless cross-inventory trading. purchasing items from these platforms.

“As we transition to a CAMA company on July 1, you and everyone else will support and know that NNPC is here to serve you for profit.”

In its comments, NNPC GMD commended NNPC Upstream Management and NAPIMS for their excellent work.

Kyari said that going forward, as the company transitions entirely through NNPC Ltd, all of its business processes and procedures will be duly certified in accordance with industry best practices.