Comments on: Some Questions Arising from NNPCL’s 2023 Accounts https://www.thisdaylive.com/index.php/2024/09/01/some-questions-arising-from-nnpcls-2023-accounts/ Truth and Reason Thu, 05 Sep 2024 21:31:03 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: PolicyAnalyst https://www.thisdaylive.com/index.php/2024/09/01/some-questions-arising-from-nnpcls-2023-accounts/#comment-283960 Thu, 05 Sep 2024 21:31:03 +0000 https://www.thisdaylive.com/?p=1008421#comment-283960 Waziri Adio, May the creator bless your insight and courage. Courage, because with who you are, you could have penned this and sent it direct to NNPCL, and you will be invited for discussion and alignment with non-common interests. Your publishing this on the Backpage of Thisday confirmed you are transparently committed to professional integrity. Thank you.

For NNPCL, we thank you for making efforts. We understand where you came from to this point. It is certainly not easy. We are here to work with you to achieve the highest professional ethics in your operations and general reporting.
The future is bright. It is Forward Ever, Backward Never, from here.

https://igovng.org/ are grateful on behalf of Nigerians for your services. We shall explain this to Nigerians and what it means for their now, and future.
You are the Government you want, the government you need and the government deserve.

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By: RumuPHC https://www.thisdaylive.com/index.php/2024/09/01/some-questions-arising-from-nnpcls-2023-accounts/#comment-283555 Sun, 01 Sep 2024 08:42:09 +0000 https://www.thisdaylive.com/?p=1008421#comment-283555 Excellent analysis !

Thank you very much Waziri Adio for your intervention especially the eagle eyed observations and queries .

Nigeria is badly managed simply because those in authority do not report to the citizens, and the citizens serial fail to react appropriately when they actually concoct something that appear to be a report of the (mis)deeds .

I shuddered the day I skimmed through the latest Audited NNPCL Annual Report . Nothing is more indicting of the leadership of the Nigerian oil company more than the disclosures and non disclosures in this report . I’ve avoided a deeper read of the report to stave off heart palpitations that will certainly come up by going through the document knowing the consequences of the misfortunes of the country for Nigeria and its poor folks .

Most painful of the revelations is that NNPCL with a world class asset of $227bn only made a “profit” of about $2bn or 1% of the value of asset .

Regrettably, the major shareholders largely the FG , NASS , state governments and all other critical stakeholders have remain mute over the NNPCL annual report . Perhaps they have not read the report !

Obviously , Nigeria deserve far more from the NNPCL . The earlier we agree that the NNPCL is a behemoth and a international Oil Company ,the better for Nigeria and our national prosperity. This company is really bigger than a parastatal of the presidency and much bigger than Mele Kyari and his likes running the show . NNPCL need to be independent and run professionally ASAP for our collective good !

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By: Owo https://www.thisdaylive.com/index.php/2024/09/01/some-questions-arising-from-nnpcls-2023-accounts/#comment-283548 Sun, 01 Sep 2024 06:59:01 +0000 https://www.thisdaylive.com/?p=1008421#comment-283548 To grasp the last Buhari regime, look at his CBN. To unravel the Tinubu times, dig into his NNPC.

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