Over 1500 members mostly at the top management level of the NNPC staffs has shunned the directives to declare their assests. Report reveals that as at May 2016, just about 70 percent of staffs has complied to the directive.
On Tuesday, August 4, 2015 the 70 per cent asset declaration figure was carried out and achieved through a strategic effort that commenced to “stop the bleeding; shine the light; increase efficiency; manage performance and push and profitability.”
In the monthly financial operations data of the NNPC for the month of May, published on the organisation’s website, the corporation said that it “achieved 70 per cent compliance on assets declaration by staff of the corporation,” as a part of efforts to “enhance transparency and accountability and achieve zero tolerance for corruption.”
According to a senior NNPC staff “What obtained before August 4, 2015, when the corporation got a new group managing director in person of Dr Ibe Kachikwu is that nobody cares about whether anybody declares assets or not.”
NNPC staff are however scattered across the country. While some are at the headquarters of the NNPC in Abuja, others are also at the zonal offices in Lagos, Kaduna, Port Harcourt and Warri.
The NNPC also has an international office located in London, United Kingdom.
A report in December 2011, commissioned by the ministry of finance following concerns over the NNPC’s transparency, detailed the NNPC’s sharp business practices to include violation of regulations, illegal deductions of funds belonging to the state, and failure to account for several billions of naira that should go to the federation account.
The auditors found that between 2007 and 2009 alone, the corporation over-deducted funds in subsidy claims to the tune of N28.5 billion. It has not been able to account for the sum ever since.
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