Recent efforts by the Nigerian National Petroleum Corporation (NNPC) to increase transparency are marred by non-publication of its group financial accounts and refusal to disclose contracts signed with oil companies. In June, the NNPC published its subsidiaries’ accounts but withheld the critical Group account. The NNPC business operations are managed through Strategic Business and Corporate…for further reading click on https://businessday.ng/exclusives/article/hiding-group-accounts-oil-contracts-hurt-nnpcs-transparency-efforts/
SOURCE: BusinessDay Newspaper Jul 8, 2020.