The Group Managing Director of the National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, and the former GMDs of the Corporation including the immediate past GMD and the current Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, yesterday raised the alarm over its debt profile.
They advised that as a matter of urgency, NNPC should establish the true state of its current financial status and immediately decide on the most appropriate capitalisation model.
The e-x corporation’s chiefs had a one-day meeting at the Transcorp Hilton Abuja.
According to a statement by the NNPC statement yesterday, the former GMDs expressed serious concerns about the continued dwindling of NNPC revenue.
The former GMDs are concerned about the increasing negative perception of the Corporation by Nigerians especially in terms of opaqueness and accountability. They therefore called on the Corporation to educate the public on its activities as a commercial entity managing the nation’s assets in trust.
No comments:
Post a Comment
Your comments...