Akwa Ibom State governor, Udom Emmanuel has lauded the Nigeria National Petroleum Corporation, NNPC for taking a bold step in publishing its financial report, saying such commitment would bridge existing gaps and restore the confidence of the people.
He also urged the company not to relent in publishing the report.
The Governor stated this while playing host to the Management of NNPC Upstream, led by Group Executive Director, Adokiye Tombomieye, at Government House, Uyo.
He appreciated the Management, for choosing Akwa Ibom State as venue for its 3-day retreat and applauded its initiatives towards making the Corporation a Limited Liability Company, but urged them to brace up for the task ahead of the new responsibilities.
He said it was the first time financial report of the organisation was made public and encouraged the management to maintain the feat.
According to the statement, “Congratulations for the restructuring of NNPC, the boldness to do this will give you opportunities.
“Some of you that are group heads have written your names in plaque because once you restructure and put the structure, strategy, the system there will enable that structure to run, history will never forget any of you, but unfortunately, something about restructuring, if you get it wrong history will crucify you.
“So it is something that no matter how you are pushed by government or politicians you have to get focused on it as a professional because of responsibilities and the expectations from the people.
“This is the first badge of management in NNPC that we have seen a financial report and it’s to your credit and it is timely too.
“I think the first audit of NNPC is done by your regime. So if you began a good work, take it to the end”.
Governor Emmanuel appealed to NNPC to relocate its corporate headquarters to occupy a smart office accommodation at the Dakkada Towers in the State, adding that “four floors are there for the entire group, DPR, NAPIMS, NNPC”.
He also sued for partnership with the state in its industrialization drive, requesting for license to build a modular refinery that will produce aviation fuel at the state’s International Airport.
“We are looking at all the gateways that can promote tourism and development and we need the support of NNPC, Product Marketers. Right now we are building the smartest terminal building in Africa that will process one million passengers every year.
“We need a depot there for aviation fuel we might not wait for a big refinery, just license for a modular refinery. We don’t have a single presence of the oil and gas in Akwa Ibom’’, the governor said.
Earlier, the Group Executive Director, NNPC Upstream, and leader of the delegation, Adokiye Tombomieye, thanked Governor Emmanuel for the warm reception accorded them, stating that NNPC is transiting from a Corporation into a Limited Liability Company, as one of the steps of restructuring the corporation for efficient and effective service to Nigerians.
“As you are aware NNPC is going through a transition, we are transiting from a Corporation to a Limited Liability Company, by the passage of the Petroleum Industry Act (PIA) and incorporation of NNPC Limited, the former Corporation called NNPC will now transit into a Limited Liability Company.
“The Upstream Directorate have come to review our performance in the last three quarters to see the level of performance and how to serve the nation better’’, Tombomieye stated.