*We must all embrace this sweeping call for accountability in the use of resources entrusted to leaders, says Mele Kyari, Group Managing Director of NNPC

Isola Moses | ConsumerConnect

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to conducting the business and operations of the state oil firm in a transparent manner with a view to placing the Corporation on the path of profitability.

Malam Mele Kyari, Group Managing Director (GMD) of NNPC, made the pledge Friday, December 11, 2020, at the ECOA-Africa Fellowship Investiture Ceremony where he was honoured with the Honorary Fellowship Award of Ethics and Compliance Officers’ Association.

Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Corporation, in a statement said the NNPC Chief was among other prominent leaders honoured in recognition of their commitment and promotion of ethical leadership in the country.

In his acceptance speech, Kyari represented by Mr. Chris Akamiro, Group General Manager, Governance Risk & Compliance, stated: “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.”

The NNPC GMD expressed gratitude to ECOA-Africa for the recognition and urged leaders not to shy away from the increasing demand by stakeholders for stewardship accounting.

He said: “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 (TAPE) agenda.”

According to him, some of the successes the Corporation has recorded under the TAPE agenda include the publication of the 2018 and 2019 NNPC Audited Financial Statements.

He noted though the feats 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,

Prof. Bassey Ubom, President and Chairman of ECOA-Africa’s Council, in his remarks on the occasion, disclosed that Kyari was selected for the award in recognition of his forthrightness and compliance with ethics of good leadership.

The Corporation has seen much positive changes under his watch, stated Prof. Ubom.