Federal lawmakers commend NNPC on transparency as Kyari defends firm’s 2021 budget

Isola Moses | ConsumerConnect

For the state oil firm’s commitment to transparency and accountability, the Nigerian House of Representatives Joint Committees on Petroleum (Upstream, Downstream and Gas) have applauded the Nigerian National Petroleum Corporation (NNPC) at the National Assembly (NASS) Complex, in Abuja, FCT.

Hon. Musa Sarki Adar, Chairman of the Joint Committees, gave the commendation at a 2021 Budget Defence hearing, at NASS, where Malam Mele Kyari, Group Managing Director (GMD) of NNPC, defended the Corporation’s 2021 Budget.

Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, in a statement said the Committee applauded the Management of NNPC for defending the Corporation’s budget before the Federal lawmakers in a timely manner.

Hon. Adar remarked: “We have the GMD and his management team here to defend their budget, we appreciate this. We have witnessed what this parliament has never seen before, I stand to be corrected.”

The Chairman of the Joint Committees who disclosed that he was initially skeptical about the GMD’s TAPE agenda, explained that he has begun to see its positive impact through Kyari’s performance so far.

According to Sarki, the NNPC Chief has done a lot for the country within a short time.

Malam Kyari at the budget defence at the NASS said on his assumption of office as the GMD, he was determined to turn the Corporation around for the benefit of all Nigerians by making it responsible and accountable to the people.

He noted that the courage to publish the 2018 and 2019 Audited Financial Reports of the Corporation was borne out of the support and encouragement given to the state oil firm by President Muhammadu Buhari and Kyari’s determination to leave a legacy of openness in the NNPC.

The GMD further explained that Nigeria is capable of meeting the 3 million barrels per day oil production target, as he decried low investment in the oil and gas industry.

The NNPC helmsman, therefore, appealed on the legislators to expedite action on the passage of the Petroleum Industry Bill (PIB), in order to attract investment to the oil and gas industry to help boost job creation in the country.

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