The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari since his assumption of office had taken calculated steps to ensure more openness in the activities of the Corporation and the Transparency, Accountability and Performance Excellence (TAPE) agenda has brought about greater transparency and accountability in NNPC’s management of Nigerian oil and gas revenues to date.
This was revealed by the Editorial Management Swift Reporters while reviewing the activities the Nigerian National Petroleum Corporation Management Team.
It will be recalled that on Thursday, the Nigerian Senate commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from its system.
The commendation was given by the Chairman of the Senate Committee on Anti-Corruption and Financial Crimes, Senator Suleiman Abdu Kwari, at a hearing which held at the National Assembly Complex, Abuja, to assess the level of implementation of the National Anti-Corruption Strategy by government agencies and parastatals.
Speaking at the hearing, Senator Kwari, said it is heartwarming to learn that the NNPC was making great strides towards profitability and urged the Corporation to sustain the gains recorded so far for the good of the country.
Kyari’s mission for launching the Transparency, Accountability and Performance Excellence (TAPE) agenda is to ensure all embrace the sweeping call for accountability in the use of resources entrusted to the top management of NNPC, under his leadership.
It will be recalled that Mallam Mele Kyari has created an anti-corruption desk in NNPC that engages the Economic and Financial Crimes Commission (EFCC) and other anti-corruption agencies on a regular basis. The desk ensures that in all its operations, every staff complies to the code of conduct procedures with consequence management.
The NNPC has also established regulatory compliant governance charter and transparency policy which is a mark of its compliance to the anti-corruption strategy.
The GMD disclosed that the Corporation, on its own, has reported several incidences of infractions such as products diversion and crude oil theft to the police, the EFCC and other investigating agencies of the Federal Government to stem corruption within the Oil and Gas Industry.
During the meeting at the Senate, Mallam Kyari said, “For the first time in 43 years, NNPC, as a part of the evolving culture of transparency and accountability, published its Audited Financial Statements for 2018 and 2019. We are going to publish that of the 2020. The AFS is the only document that tells how a company does its transaction. We are happy that by the time the 2020 AFS will be published, Nigerians will see the dividends of our accountability. Mr. Chairman, no National Oil Company does what we are doing today.”
Swift Reporters, as part of its transparency and accountability initiatives, on quarterly basis, access and rate Ministries, Departments and Agencies of Government in line with the Extractive Industries Transparency Initiative (EITI) global standard aimed at promoting open and accountable management of oil, gas and mineral resources.
