The Nigerian National Petroleum Corporation (NNPC) on Thursday pledged to strengthen the anti-graft war of the current government in Nigeria across its value chain to ensure efficiency and optimization of resources.
NNPC group managing director (GMD), Maikanti Baru, stated this Thursday in Abuja, while receiving the management of the Anti-Corruption Academy of Nigeria (ACAN), the research and training arm of the Independent Corrupt Practices and other Related Offences Tribunal (ICPC).
While assuring that NNPC would work with the Anti-Corruption Academy to sustain its age-long tradition in this regard, he also said that, as an anti-corruption minded entity, the corporation had meted out appropriate sanctions against staff found to have flouted established business processes and procedures.
“We have meted out quite heavy penalties and we were also able to retire staff who flouted our process,’’ he said in a statement signed by Ndu Ughamadu, NNPC’s group general manager, group public affairs division.
Emphasizing the corporation’s antecedent in the ant-graft campaign in the early 2000s when he was chairman of the NNPC anti-corruption committee, Baru noted that as an organization with similar aspiration as ACAN, the corporation was open to a workable and harmonious relationship based on shared values and commitment.
According to him, “NNPC was the first agency of government to form an in-house anti-corruption committee soon after the proclamation of the ICPC Act.”
Baru said “such action showed our commitment to transparency and openness in all what we do and it also showed our zeal to ensure our staff imbibed the culture of fighting corruption.’’
The GMD said that currently, the corporation’s anti-corruption posture had been accentuated with the monthly publication of NNPC financial and operational report on national newspapers, online news portals as well as on the NNPC website.
He explained that the principle of corporate governance has been stretched a notch higher in NNPC, with prompt remittances of oil and gas revenue into the Federation Account, while embracing fully the practice of open public bid exercises in sourcing service providers and suppliers for day to day operational requirements.
Baru said these open bid exercises were usually covered live by major television networks in the full glare of representatives of the bidding companies with officials of the Department of Petroleum Resources, DPR, Nigerian Extractive Industries Transparency Initiative, NEITI, Nigerian Content Development and Monitoring Board, NDCMB as well as members of the civil society organisations in attendance as independent assessors.
In his remarks, Sola Akinrinade, provost of ACAN, expressed readiness to help the NNPC boost its anti-corruption quotient with apt capacity building sessions for staff and management in the subject of anti-corruption.
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