CISLAC calls on NNPC to pro­mote trans­parency

Daily Trust - - NEWS - By Olayemi John-Men­sah

The Civil So­ci­ety Leg­isla­tive Ad­vo­cacy (CISLAC) has called on the Nige­rian Na­tional Petroleum Cor­po­ra­tion (NNPC) to sus­tain de­vel­op­ment and pro­mote trans­parency in oil and gas sec­tor.

The ad­vo­cacy group in a state­ment signed by its Ex­ec­u­tive Di­rec­tor, Auwal Ibrahim Musa com­mended the cor­po­ra­tion for the re­lease of its Oil and Gas Re­port for the month of Au­gust, 2015 as ear­lier promised by the Group Man­ag­ing Di­rec­tor, Dr Kachukwu Ibe.

“We con­sider this pub­li­ca­tion of monthly trans­ac­tion re­port of the cor­po­ra­tion a true re­flec­tion of com­mit­ment of the present lead­er­ship to pro­mot­ing trans­parency, ac­count­abil­ity and good gov­er­nance in the oil and gas sec­tor.”

CISLAC also called on all stake­hold­ers to study the re­port to pro­vide feed­back on its level of dis­clo­sure so as to de­ter­mine if its meets cit­i­zens’ ex­pec­ta­tions in terms of the in­for­ma­tion they have a right to know. It be­lieved the on­go­ing ef­fort would not only re­sult in trans­parency and ac­count­abil­ity in the na­tion’s oil and gas sec­tor but also re­store the pub­lic con­fi­dence in the cor­po­ra­tion.

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