Featured Gas Oil

We have nothing to hide – NNPC GMD

Malam Mele Kyari, Group Managing Director, Nigerian National Petroleum Company Ltd. (NNPC) says NNPC has nothing to hide and will comply with the request of the House of Representatives Committee on Public Accounts.

The disclosure by the NNPC CEO came in the wake of the House of Representatives Committee on Public Accounts’ request to the company seeking the appearance of Heads of NNPC subsidiaries before the committee.

Kyari, in a statement on Tuesday in Abuja said that it would comply with the committee’s requirement, and continue to be accountable and transparent.

“We have nothing to hide, Mr Chairman. We recognise that this company belongs to over 200 million Nigerians as its shareholders, thus we have been accountable and transparent and we will continue to remain so.

“No national oil company in the world is as transparent as we are. We shall comply with the House Committee’s requirement,” Mallam Kayari stated.

The committee had on March 16, through a letter signed by its Chairman, Oluwole Oke (PDP: Osun), summoned the 17 subsidiaries of NNPC to respond to audit queries by the Audito- General for the Federation over the operations of their finances between 2014 and 2019.

Related posts

Naira scarcity: NLC to picket CBN offices nationwide

Editor

South-west Govs, Ministers, Monarchs Urge Overhauling of Nation’s Security

Meletus EZE 

The essential Buhari: NNPC GMD’s testimony, by Femi Adesina

Femi Adesina

Fuel scarcity looms as violence stalls depot operations

Our Reporter

FG reiterates plan to boost power supply to 6,500MW in 6 months

Editor

CBN disburses N1.452trn for 337 real sector projects

Our Reporter