NNPC to publish financial transactions from September

Group Managing Director, NNPC, Dr. Emmanuel Kachikwu

The financial transactions of the Nigerian National Petroleum Corporation will be published periodically to ensure transparency beginning from next month, the Group Managing Director, NNPC, Dr. Ibe Kachikwu, has said.

According to Kachikwu, the move was part of his resolve to usher in a new dawn of transparency in the national oil firm, stressing that transparency must be the watchword of every staff in the new NNPC.

Kachikwu, who stated this at his maiden town hall meeting with employees of the corporation at the NNPC Towers in Abuja on Tuesday, said the new NNPC will be a corporation anchored on the foundation of clearness.

The Group General Manager, Group Public Affairs Division, Mr. Ohi Alegbe, confirmed this to our correspondent in a telephone interview and also in an electronic mail.

“I want transparency. Beginning from next month, I want to be able to publish what the company makes. I have told the President that as from next week I will be sending him weekly reports,” the new GMD reportedly told employees of the national oil firm.

If implemented, this will be a departure from what used to be obtainable at the national oil firm. It will be the first time in ages that the NNPC will be publishing its financial transactions for the public to see.