NNPC boss pledges continued transparency, eyes profitability
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said he is committed to conducting the business and operations of the corporation in a transparent manner with a view to placing it on the path of profitability.
Mallam Kyari made the pledge on Friday at the ECOA-Africa Fellowship Investiture Ceremony where he was honoured with the Honourary Fellowship Award of Ethics and Compliance Officers Association.
According to a statement on Saturday by the Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, Kyari was among other prominent leaders honoured in recognition of their commitment and promotion of ethical leadership.
“I want to assure you that NNPC under my leadership, will continue to be transparent in its operations, render complete and timely financial statements to all stakeholders and be repositioned for profitability for the benefit of over 200 million Nigerians,” he said in his acceptance speech.
Kyari, who was represented by the Group General Manager, Governance Risk and Compliance, Mr Chris Akamiro, expressed gratitude to ECOA-Africa for the recognition.
He urged leaders not to shy away from the increasing demand by stakeholders for stewardship accounting.
“We must all embrace this sweeping call for accountability in the use of resources entrusted to leaders. It is for this reason that the top management of NNPC, under my leadership, launched the Transparency, Accountability and Performance Excellence agenda,” he said.
He listed some of the successes recorded under the TAPE agenda to include the publication of the 2018 and 2019 NNPC Audited Financial Statements.
He said although the financial statements earned the corporation a few knocks, “they also brought a lot of commendations and encouragement for us to do better in the coming years”.
Speaking on reasons for the award, the President and Chairman of ECOA-Africa’s Council, Prof. Bassey Ubom, was quoted as saying that the GMD was selected for the award in recognition of his forthrightness and compliance to ethics of good leadership.
He added that the NNPC had seen many positive changes under Kyari’s watch.
