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NEITI Demands More Reforms In NNPC As Kyari Takes Over As GMD

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The Nigeria Extractive Industries Transparency Initiative (NEITI) has commended President Muhammadu Buhari over the appointment of Mr. Mele Kolo Kyari, as the new group managing director of Nigerian National Petroleum Corporation (NNPC) describing it as a well-deserved appointment.

In a statement released in Paris, France, venue of the global conference of Extractive Industries Transparency Initiative (EITI), the NEITI executive secretary, Waziri Adio, described the choice of Mele Kyari, as a well-deserved appointment and an indication of more openness and reforms in the national oil company.

Adio further remarked, “Mr Kyari is a well-known transparency champion and one who enthusiastically shares the principles which underlie the work of NEITI and the global EITI on good governance of the oil and gas industry.”

The NEITI executive secretary explained that as a member of the global EITI working group on commodity trading transparency, Kyari’s appointment has placed him in a vantage position to push the frontiers of openness and to work more closely with NEITI and the global EITI to implement remedial issues in NEITI’s reports.

He added that the implementation of the findings of NEITI’s reports would not just be effective for operations of NNPC but also for optimisation of benefits of the oil and gas sector to Nigeria and Nigerians.

Adio recalled that “Just yesterday, Mr. Kyari participated at a session on “the business case for state-owned enterprise and commodity trading transparency’ at the EITI global conference in Paris, France.

“His commitment to the values of EITI are not in doubt. On behalf of the board, management and staff of NEITI, I congratulate Mr. Kyari on this well-deserved appointment. We look forward to close collaboration between our two organisations in the interest of our country and we do hope that transparency and accountability will be taking notches higher and indeed mainstreamed in the operations of NNPC under his watch.”

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