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Author Topic: Nigerian NNPC begins monthly publication of financial and operational report  (Read 159 times)

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Offline legendguru

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The Nigerian National Petroleum Corporation,( NNPC) has commenced the monthly publication of its provisional financial and operational reports for public scrutiny, a statement from the NNPC says.

The statement signed by NNPC?s Group General Manger, Group Public Affairs Division Mr Ohi Alegbe in Abuja on Sunday said that the publication provided an overview of NNPC?s operations from January to August 2015.

The statement said the report also provided a detailed and unprecedented statistical insight into crucial aspects of the corporation?s activitie .

According to the statement, the report captured detailed activities in the national crude oil and natural gas production.

It said the report also highlighted details of oil lifting and utilisation, refineries plants operations and petroleum product supply and distribution and NNPC?s budget performance report and federation crude oil and gas revenue.

It said the report vividly threw light into aspects of NNPC?s operations that were once described as?opaque?.

It said the status of the JP Morgan foreign account, management and custody of revenue from crude oil sales, actual production capacity of the refineries were detailed in the report.


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