STAKEHOLDERS FAULT NNPC’S TRANSPARENT RATING

Written by on March 26, 2019

Stakeholders in the country’s oil and gas industry have doubted the recent award to the Nigerian National Petroleum Corporation (NNPC) as a transparent organisation by the Extractive Industries Transparency Initiative (EITI).

A petroleum engineer told newsmen that there is no way NNPC can merit the transparent rating in view of its many failures under the current administration.

He said the unresolved $25billion contract in addition to allegations of corruption indicate that the corporation is not transparent as dubbed by the Extractive Industries Transparency Initiative (EITI).


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