The Nigerian National Petroleum Corporation (NNPC) started its weekly activities by throwing more light on the controversial areas of its 2020 audited financial report that placed the corporation on a profit lane.
It will be recalled that on Aug. 26, President Muhammadu Buhari announced a profit after tax of N287billion by the corporation in 2020, the first of its kind in the oil giant’s 44-year history.
This feat which was commended by President Buhari had also won the Group Managing Director of the corporation Malam Mele Kyari-led management accolades from stakeholders and Nigerians from all walks of life.
Kyari however, explains how the corporation’s performance turn out positive at a time the negative impact of the COVID-19 pandemic affected businesses worldwide?
Also. the Group Executive Director, Finance & Accounts, Mr Umar Ajiya, also shed more light on the development and equally addressed some of the issues raised by those who doubt the veracity of the profit declared by the Corporation.