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Kyari reveals NNPC now EITI supporting company

By Ihesiulo Grace 18 August 2020 33 No comment

Alleged $125 million crude oil scam unsettles NNPC

The group managing director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari on Tuesday revealed the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company.

Today EITI International has announced acceptance of NNPC as a partner company. This translates to requirement for greater transparency and accountability from the Corporation. Our commitment aligns with the persuations of our Government to be accountable to the the polulace.
— Mele Kyari, OFR (@MKKyari) August 18, 2020

Kyari, in a tweet, announced to Nigerians the partnership between NNPC and EITI International to ensure transparency, Daily Times gathered.

He said, “Becoming an EITI supporting company aligns with NNPC’s corporate vision and principles of transparency, accountability and performance excellence.

“Our partnership with Nigeria Extractive industry Transparency Initiative (NEITI) and EITI strengthens our commitment towards commodity trading transparency, contract transparency and systematic disclosure of revenues and payments.

“We are on a journey towards greater transparency and look forward to deepening our collaboration with the EITI to further this work.”