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SENATE COMMENDS NNPC ANTI-CORRUPTION EFFORTS, DRIVE TOWARDS PROFITABILITY

The Senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards entrenching transparency and stamping out corruption from its system.

A statement by
Dr. Kennie Obateru
Group General Manager
Group Public Affairs Division
Nigerian National Petroleum Corporation says The commendation was given by the Chairman Senate Committee on Anti-Corruption and Financial Crimes, Senator Suleiman Abdu Kwari, at a hearing held at the National Assembly Complex in Abuja, to assess the level of implementation of the National Anti-Corruption Strategy by government agencies and parastatals.
Senator Kwari, said it is heartwarming to learn that the NNPC is making great strides towards profitability and urged the Corporation to sustain the gains recorded so far for the good of the country.

the Group Managing Director of NNPC Mele Kyari, said the Corporation is championing the fight against corruption in the Oil and Gas Industry by emplacing measures to curb incidences of corruption across its various business portfolios and by enlisting as a partner company of the Extractive Industries Transparency Initiative (EITI).

He said the Corporation, as part of its commitment to the war against corruption, has set up processes and structures that are irreversible which would ensure transparency and accountability.

The corporation he said 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 also ensures every staff complies to the code of conduct procedures with consequence management.

The NNPC helmsman maintained that the Corporation has automated its business operations thereby reducing opportunity for discretion to the barest minimum as part of measures to promote institutional framework for entrenching the culture of transparency in its operations.

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.

He said the Corporation, in collaboration with security agencies, has reduced the incidences of pipeline vandalism to four per cent across the country, but decried the rise in smuggling of petroleum products which he said has become a national challenge that must be addressed urgently to stem the huge loss to the nation.

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