Executive Secretary of the Nigerian Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio, briefing the NNPC GMD, Mallam Mele Kyari, on areas of cooperation between both organizations to enhance transparency
Oil & Gas

We have extreme faith in NNPC- NEITI

322

The commitment to transparency and accountability by the new NNPC management, led by Mallam Mele Kyari, has continued to attract commendation and support for the Corporation as the Nigeria Extractive Industries and Transparency Initiative (NEITI), has expressed faith in the ability of the new Group Managing Director to turn around the fortunes of the Nigerian petroleum industry.
Speaking during a courtesy visit to the GMD in Abuja yesterday, the Executive Secretary of the NEITI and Coordinator, EITI implementation in Nigeria, Mr. Waziri Adio, expressed confidence in the ability of the new Management to transform the corporation for the good of the country.
Adio said: “we have extreme faith in the new management, we are ready to work with NNPC one thousand per cent, we are working together for the good of the country.”
He further added that based on Kyari’s credentials and antecedent, “he is somebody who brings something to the table, something that is not usually associated to this institution; that is transparency.”
Adio assured that from the goodwill that has trailed the NNPC in the last one month, the corporation would be repositioned, and in no time, “It would be mentioned in the same light as its peers all over the world.”
The executive secretary however advised the management to be proactive by making information on all its transactions, especially crude oil lifting contracts and contractors available to the public.
On his part, the Group Managing Director of the NNPC, Mallam Mele Kyari, said his management recognized the primacy of NNPC to the Nigerian economy and its impact thereof.
The GMD assured that the corporation had nothing to hide, adding that “transparency impacts performance positively, our commitment to the principles of transparency and accountability is unwavering.”
Kyari further commended President Muhammadu Buhari, saying “we are fortunate that we have a President who believes that we must be accountable, he does not interfere with the running of the NNPC.”

Leave a comment

Related Articles

NNPC Ltd. signs partnership deal with China Engineering Corporation for power project funding

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a deal...

NNPC Ltd’s $6bln debt confirms Tinubu’s truthfulness about fuel subsidy removal – Presidency

The Special Adviser to the President on Information and Strategy, Mr. Bayo...

Dangote Refinery set to flood Nigeria with 25m litres of petrol daily

The Dangote Oil Refinery will supply a total of 25 million litres...

Breaking: Dangote refinery commences petrol production

Alhaji Aliko Dangote has officially announced the commencement of petrol production at...

NNPC Ltd. Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has acknowledged recent reports...

Cross-border fuel smuggling: Oil Minister says security agencies are complicit

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has pointedly...

NNPC Ltd. expands global market footprint to Japan, China with LNG supply on delivered-ex-ship basis

In line with its strategic vision to be a dynamic and reliable...

Divestments by Mobil Producing Nigeria Unlimited, others followed due process under PIA, NUPRC insists

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shed light on some...

Oando acquires Nigerian Agip Oil Company for $738m

Oando Plc has completed its acquisition of the Nigerian Agip Oil Company...

Crude oil sales to Dangote Refinery in naira start October 1 – FG

The Federal Government says it will commence the sale of crude oil...

Breaking: NNPC Ltd.’s profit surges by 28%, records highest profits of N3.29trn in 46 years

The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded its highest...

No presidential approval yet to use nation’s dividends to defray petrol subsidy – NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has described as false...

NNPC Ltd. not owing any international oil trader $6.8bln, says spokesman

Contrary to a media report, the Nigerian National Petroleum Company Limited (NNPC...

Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft

The Group CEO of Nigerian National Petroleum Company Ltd. (NNPC Ltd.), Mr....

Tony Elumelu to FG, security agencies: Tell Nigerians stealers of Nigeria’s crude oil

Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security...

Economic Sabotage: Count Us Out—NNPC Ltd

Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Limited (NNPC...

Breaking: NNPC Ltd. Launches Utapate Crude Oil Grade

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has announced the introduction...

NNPC Ltd’s state of emergency on crude oil production pays off, raises output to 1.61m bpd in July 2024

Following the Nigerian National Petroleum Company Limited’s (NNPC Ltd) declaration of a...

Hitches in vessels discharge operations responsible for tightness in fuel supply – NNPC Ltd

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) says the tightness in...

Pres. Tinubu’s commitment to tackling oil theft, pipeline vandalism unwavering – Lokpobiri

The Minister of State Petroleum Resources (Oil), Mr. Heineken Lokpobiri, has restated...