NNPC Open To Integrity Test; Group Replies TPAP-M
The Integrity Youth Alliance has said that the Nigerian National Petroleum Company (NNPC) Limited under the management of Mal Mele Kyari is open to integrity test line of Transparency, Accountability & Performance Excellence (TAPE)
According to a press release on Sunday, January 30, 2022 signed by the Publicity Secretary of the Alliance, Danjuma Lamido, he said that the GMD/CEO of NNPC Limited has entrenched the culture of transparency in the Management system of the company and has nothing to hide from Nigerians.
It will be recalled that a Civil Society Organization; The People’s Alternative Political Movement (TPAP-M) on Sunday called on the Federal Government to demand details of N3tn budgeted for Petrol Subsidy in 2022.
“There is no doubt that NNPC activities have been open to transparency and accountability since the assumption of office of the Mal Mele Kyari and this has been done through the monthly publications of the financial operations of the Company,'' the statement said.
“It is on record that the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited has said that concerted efforts by the Company and some federal agencies to combat the menace of smuggling of petroleum products have been largely hampered by existing arbitrage fueled by the prevailing huge price differentials in pump price of petrol in Nigeria and neighbouring countries.
“The NNPC Limited CEO said though the Company, working in concert with other agencies, has made noticeable progress in combating the menace, the battle was yet to be won.
“Mallam Kyari on several occasion has emphasized that the activities of smugglers have also made it difficult for the country to determine the actual consumption figures for petrol, noting that the Company can only know what was trucked out from loading depots across the country but cannot determine how much of that was consumed in-country.”
“It is also on record that in an effort to tackle the smuggling of petroleum products and end the attendant losses to the country, the Ministry of Petroleum Resources, in October 2019, had established what it termed as “Operation White’, with a monitoring team drawn from five agencies of government.
“Operation White was a transparency initiative aimed at tracking importation and distribution of petroleum products in and out of the country to check smuggling and diversion of products and to stop economic loss to the nation arising from such illicit movements of white products, the statement said.
It will be recalled that the project was launched separately in Abuja and Lagos and members of the monitoring team were drawn from the NNPC, Department of Petroleum Resources (DPR), Petroleum Equalization Fund (PEF), Petroleum Products Pricing Regulatory Authority (PPPRA) and the Department of State Security (DSS) while the ministry mandated NNPC to drive the project.
“As part of its monitoring mechanism, the Nigerian National Petroleum Company (NNPC) Limited is almost concluding plans to deploy electronic tracking devices to monitor fuel distribution across the country and curtail smuggling activities as a result.
“According to our findings, there is an ongoing initiative to put electronic trackerson tanks and fuel stations that would monitor the distribution of fuel in the country.
“With the implementation of electronic monitoring, every truck carrying fuel, including the fuel stations where the fuel is being discharged, would be visible and effectively monitored by the corporation.
It will be recalled that the People’s Alternative Political Movement (TPAP-M) has disputed the 65.7 million daily petroleum consumption assessed by the NNPC as it contradicts the 38.2 million petrol consumption per day estimated by the Directorate of Petroleum Resources.