oil and gas

NNPC Recommits to Transparent Operations

February 2, 2021

The Nigerian National Petroleum Corporation (NNPC) has once more expressed its commitment to moving the national oil company from its opaque past towards a more transparent global organisation.

Speaking when he received the “Government Agency of the Year 2020 (Transparency)” from the New Telegraph Newspaper, the Group Managing Director of the NNPC, Mallam Mele Kyari, said the company had since realised that it pays to be transparent and accountable at all times.

He reiterated management’s resolve to drive the corporation along the line of Transparency, Accountability & Performance Excellence (TAPE) agenda, noting that the media interest in the activities of the corporation and the oil and gas sector was a welcome development.

A statement by the Group General Manager, Group Public Affairs Division, NNPC, Dr Kennie Obateru, quoted Kyari as assuring that given the value of the award, he would do more to justify the trust.

“This award would be a major impetus towards our unflinching efforts to change the narrative around the NNPC brand, and will surely imbue us to take the transparency drive to new and enviable heights,” Kyari said.
He expressed delight that efforts of the management to entrench the culture of transparency in the system have begun to receive recognition within and outside the corporation.

Presenting the award in Abuja, the Managing Director and Editor-in-Chief of the New Telegraph, Mr. Ayodele Aminu, disclosed that the emergence of NNPC as the most transparent government agency in 2020 was based on the corporation’s recent openness and accountability to the public.

Aminu noted that the noticeable efforts to deepen transparency in NNPC as evidenced by the publication of its 2018 and 2019 audited financial statements was a major factor in considering the corporation for the award by the management and board of the New Telegraph.

“Before now, the accounts of the NNPC had been shrouded in secrecy. But Mele Kyari was brave enough to say this is the way we are and let the public see that there is nothing hidden,” the newspaper boss stated.

Present at the award ceremony were: the Chief Financial Officer of the Corporation, Mr. Umar Ajiya, Chief Operating Officer, Ventures and Business Development, Mr. Adeyemi Adetunji, and the Group General Manager, Governance Risk and Compliance (GRC), Mr. Chris Akamiro.

thisdaylive

oil and gas

Thermal water desalination plant designe...
February 21, 2021
Gombe Approves Contract for Solar Street...
February 15, 2021
Fuel cost adjustment mechanism behind pr...
February 15, 2021