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Only NNPCL Publishes 100% Account Statement – Kyari

todayJanuary 15, 2025

Background

 

 

The Nigerian National Petroleum Company Limited ( NNPCL) says it is the only company in Nigeria that publishes 100% of its account on a yearly basis.

The Group Chief Executive Officer ( GCEO) of the oil firm, Malam Mele Kyari who stated this during presentation of revenue generation performance of NNPCL in 2024 and projection for 2025 to the National Assembly joint committee on Finance, said the company remitted N10tr to the federation account as at September, 2024.

He added that NNPCL is the highest taxpayer in the country, the highest payer of royalty and dividends .

He, however, said that the company wanted forensic audit to be conducted on money spent by it for stabilization of the price of Petrol from January to September 2024 and uninterrupted supply of the product .

According to Kyari, the forensic audit will enable NNPCL to know how much it is being owed or owing any agency .

James Itodo, Edited By Grace Namiji

Written by: Kevin Nwabueze

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