NNPC set to publish details of petroleum product supplies

The Nigerian National Petroleum Corporation (NNPC) is seeking to gain more trust in the hearts of its stakeholders.

The Details: The Group Managing Director of the NNPC, Mele Kyari announced the corporation’s decision to start publishing details of its petroleum products supplies. Kyari said the corporation would also publish the monthly reports of its operations and financial records.

We will continue to be transparent; we will do more than you can ever imagine in terms of transparency.

We will not just publish our financial records, but very soon, we will publish more things that Nigerians need to know, particularly details of petroleum products supply and distribution, which is an area most people don’t understand.”

Stressing the importance of accountability and transparency, he said publishing the reports would strengthen the corporation’s relationship with stakeholders and enhance better performance.

 

NNPC seeks external support: Meanwhile, the corporation is seeking a partnership with the African Export and Import Bank to finance its critical projects, especially the rehabilitation of moribund refineries and downstream infrastructure, including pipelines.