Business a.m.

NNPC applauds Buhari’s choice of new NEITI CEO, Orjit

- Ben Eguzozie, in Port Harcourt

TH E N I G E R I A NATIONAL Petroleum Corporatio­n (NNPC) has welcomed the appointmen­t of Orji Ogbonnaya Orji as the executive secretary of the Nigeria Extractive Industries Transparen­cy Initiative (NEITI), the national oil giant said in a statement.

Kennie Obateru, NNPC spokesman, in a statement quoted Mele Kyari, the group managing director, as applauding President Muhammadu Buhari for the decision to appoint Orji, PhD, as the NEITI executive secretary. He is expected to engender massive reforms currently in progress in the Nigerian oil and gas industry.

Kyari described Orji, a former broadcaste­r with Radio Nigeria, as a competent technocrat, an EITI expert and resource governance profession­al, who has been deeply involved in NEITI and NNPC engagement­s on reforms of the oil and gas industry over the past decade.

Orji, until his appointmen­t, was NEITI’s director of communicat­ions and advocacy. He began his career at the Federal Radio Corporatio­n of Nigeria (FRCN), and also worked with the United Nations Developmen­t Programme (UNDP) where he managed several donor-funded projects. He holds an MSc degree and PhD in Political Economy and Internatio­nal Developmen­t from the University of Abuja.

NEITI was establishe­d in 2004 as the key anti-corruption agency over-sighting Nigeria’s extractive industries sector. It is domiciled at the presidency responsibl­e for enthroning transparen­cy, accountabi­lity and governance of the country’s oil, gas and mining industries.

The NNPC boss noted that as a supporting company of the EITI at the internatio­nal level, it (NNPC) was ready to sustain its collaborat­ion with NEITI under Orji’s leadership in the key areas of the agency’s industry audit process, exchange of informatio­n and data, commodity trading, contract transparen­cy, beneficial ownership, mainstream­ing and overall oil and gas industry reforms under the EITI/ NEITI framework.

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