The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says the company will show to Nigerians that it is the most transparent organization in Nigeria.
Mr Baru stated this at a stakeholders’ workshop on validation by the Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja on Wednesday.
According to Mr Baru, efforts are presently on to disabuse the mindset of Nigerians that improper issues are taking place in the company.
“We have by no means had it so good in this nation since the final two years.
“I imply in phrases of transparency of our transactions, validation of our actions, the unfettered, unobstructed participation of the secretary to the authorities, who has by no means requested us to do something completely different.
“Today, we have to get folks out of the mindset that one thing improper is taking place in the NNPC. Nothing improper is taking place.
“We have handed that stage. We at the moment are most likely considered one of the most transparent companies in this nation.
“We have seen plenty of governments, labored with plenty of them, however most likely in the two years, we now have not had the alternative to place our playing cards on the desk as we did in the final two years.”
Mr Baru assured the workforce from the Extractive Industries Transparency Initiative (EITI), the World transparency governing physique, that each one was properly inside the company.
He stated the company was working in alignment with EITI aims and alternatives.
“Most notably, I'm positive our colleagues in the NGOs would recognise as we speak, that issues are simply completely different and collectively all of us will make our nation better and I consider this is the core goal of the EITI.
“I'm assuring the EITI Board and all stakeholders that issues are completely different,” he reiterated.
In his presentation entitled: “Deepening EITI Implementation in Nigeria,” Mr Kyari stated since May 2015, steps the NNPC took to make sure transparency embody the elimination of twin pricing for home crude allocation and the automation of its transactions.
“We have re-enforced auditing of our operations together with third party and the direct sale of crude oil to refineries, respected merchants, upstream companies and Nigerian entities,” Mr Kyari stated.
Also talking, Pablo Valverde, Regional Director of the EITI, who spoke on “Making EITI validation helpful” stated from July 11, Nigeria could be assessed primarily based on progress with the corrective actions stipulated in the second validation train.
He defined that the upcoming validation train was not a check or examination the nation needed to cope with, however a technique of protecting the EITI household collectively by offering a constant method of assessing progress towards very particular necessities.
He stated the validation train was meant to assist nations that sought to enhance the operations of the extractive sector, therefore the validation programme was not ‘pass or fail’ check, however a `progress’ check.
“NEITI isan authorities company with a broad mandate underneath the NEITI act that goes past the EITI Standard. It is as much as Nigerians to determine how properly they're doing their work,” Mr Valverde stated.
The Executive Secretary of NEITI, Waziri Adio, spoke on “Beyond validation: Scaling up NEITI’s Impact”
The EITI is an ordinary by which info on the oil, fuel and mining industries is revealed. The EITI is not a prescription for governance of the extractive sector, fairly an instrument that informs the method the sector is ruled.
Participants at the workshop embody members of parliament, Civil Society Organizations (CSOs) and representatives of extractive companies.