NNPC Not Into Partisan Politics – Management

By Ayodele Oni

The Nigeria National Petroleum Corporation, (NNPC) Ltd. has maintained that it should not be dragged into partisan politics as it remains focus on adding value to the nation.

In a reaction to claims by former Vice President Atiku Abubakar that NNPC has been hijacked by cronies of President Bola Tinubu, it stated that “We are a commercially-focused and profit-driven company managed by professionals who are committed to adding value to the nation.”

In a statement by Olufemi Soneye

Chief Corporate Communications Officer,  it added that “Investment decisions by NNPC Ltd. Management are strictly determined on the basis of commercial viability and national interest.

“As a businessman, the former Vice President should know that effectiveness in business leadership is best measured by balance sheets and bottom lines rather than pedestrian considerations.

“The management of NNPC Ltd., under the leadership of Mr. Mele Kyari, has done very well in growing the company’s fortunes as shown in the 2023 Audited Financial Statement (AFS), where it reported N3.3 trillion as profit after tax.

“NNPC Ltd. as a commercial entity is devoid of political interest and shall continue to conduct its business full of commitment to national interest and value creation for the benefit of all stakeholders.

“NNPC Ltd. shall resist any attempt to draw its Board and Management into partisan politics.”