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  • NNPC shed light on 2020 audited report

     Japo_Japo updated 1 month ago 1 Member · 1 Post
  • Japo_Japo

    Member
    September 19, 2021 at 10:09 am

    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.

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