TheGroup Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari says the corporation has no secret accounts that breaches the Treasury Single Account (TSA) .
Kyari disclosed this when he received the Chairman and members of the special Presidential Investigative Panel for the Recovery of Public Property in Abuja on Monday,
In a statement issued by Mr Ndu Ughamadu, the spokesman for the corporation, he said that the NNPC had nothing to hide as it stood to gain a lot by being transparent in all areas of its operation.
He reiterated that NNPC had no secret account, adding “there is no single account NNPC is operating that is unknown to the Federal Government.
” Any account(s) outside the TSA platform are partner accounts which we have obtained due approvals from the government,’’ he noted.
Kyari, who observed that all monies belonging to the corporation were domiciled with the Central Bank of Nigeria (CBN), added that the Corporation’s account managers remained the CBN and the Accountant-General of the Federation.
On the lease renewal fees on Oil Mining Leases (OMLs) 67, 68, and 70 by ExxonMobil, Kyari said the company paid 600 million dollars which was their equity contribution of 40 per cent of the Joint Venture Agreement.
According to him, NNPC is to pay the remaining 60 per cent but it unnecessary as it is representing the government.
“Ordinarily, NNPC would have contributed the balance of 60 per cent of the amount which literally meant government paying monies to itself. There was no need for that,” Kyari said.
Shedding more light on the alleged non-remittances of taxes and royalties by the Nigerian Petroleum Development Company (NPDC), NNPC’s upstream arm, the GMD said there were outstanding payments which arose as a result of the pillage that occurred before 2015.
He, however, assured the Panel that the present administration had made concerted efforts to reconcile every payment due to the Federation on taxes and royalties.
“The only outstanding payment is the 600 million and we have a pre-payment plan with the Department of Petroleum Resources (DPR) such that by mid-2020, we will have money left to be paid,” he noted.
On alleged non-remittances by some oil companies operating in the country, Kyari said it was the responsibility of the Federal Inland Revenue Service (FIRS) and DPR to collect taxes and royalties from oil companies, including those on Joint Venture (JV) and Production Sharing Contract (PSC) arrangement.
He further noted that the NNPC would provide the necessary support to the agencies concerned in that regard though it had no legal obligation to do so.
“As an enabler organisation, we will support them because we see our roles beyond our immediate responsibility,” he said.
While affirming the Corporation’s commitment to transparency and accountability, Kyari said the Corporation was one of the most accountable public institutions in the country,
‘’This is the only company that publishes its operations and financial reports monthly. I am not aware of any company that does that in the world.
“Every member of our Management shares the vision of Mr President that Government’s institutions must be accountable to all Nigerians.
“We know that we will gain more by being more transparent. We have nothing to hide,” Kyari told the Panel.
Speaking earlier, the Chairman of the Presidential Panel, Chief Okoi Obono- Obla said their visit was to seek synergy with the NNPC toward reforming the country and particularly to clear the air on issues relating to the operations of the Corporation.
He expressed the Panel’s satisfaction with NNPC’s “frank and honest responses on the issues raised, describing the Corporation as a very important and transparent national institution with a GMD who had a track record of accountability and transparency in his public career.
“The GMD has a reputation of being an apostle of accountability and transparency. I feel very happy that somebody like him is coming out to clarify the key issues.
Nigerians have been misled, it behoves on every organisation to tell Nigerians the truth to engender transparency in the entire polity,” he said.
Tag: Kyari
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NNPC has no secret account – Kyari
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Contempt: Court orders IGP, Kyari to appear on Sept. 25
Justice Dorcas Agishi of the Federal High Court on Wednesday ordered the Inspector General of Police and Abba Kyari, Deputy Commissioner of Police (DCP) in charge of Intelligence Response Team (IRT) to appear on Sept. 25 to show cause why they should not be charged with contempt.
The order is coming seven days Agishi failed to produce a suspect in court for trial.
The suspect, Mr Nanpon Sambo, was very reportedly arrested and detained by the police since February 2019, but have not been charged before any law court in Nigeria.
Agishi ordered that the IGP and Kyari must appear before the court on the next adjourned date of Sep. 25.
”The IGP and Abba Kyari are to forthwith produce the accused person in the registry of the court here in Jos immediately for documentation and transfer to Jos Prisons pending the resumption of court from vacation.
“They are to appear before this honourable court on the next adjourned date of this case to show cause why the Court should not visit them with the consequence of contempt for deliberately disobeying its orders, “ Justice Agishi held.
Counsel to Sambo, D.G. Dashe, argued that the judicial powers of the federation shall be vested in the courts to which this section relates, being courts established for the federation”.
“The federal republic of Nigeria shall be a state based on the principles of democracy and social justice. It is hereby declared that – sovereignty belongs to the people of Nigeria from whom government through this constitution derives all its powers and authority,” he argued.
According to him, the Nigerian police force is a creation of the law and must at all times act in line with law that the arrest and long detention of his client without charge since Feb. is “unconstitutional.”
He prayed the court to order the remand of his client in Jos prisons pending when the court resumes from vacation to properly consider the circumstances of his arrest and further prayed the court for an order compelling the IGP and Kyari to appear before the court.
“The suspect should be brought to the court registry for documentation and immediate remand in a Jos Prison pending when the court would resume after this year’ judicial annual vacation,” he pleaded
NAN reports that Sambo is being tried for illegal possession of sophisticated fire arms but that shortly after the presidential elections, he was allegedly picked up by masked men of the IRT under the control of Abba Kyari. -
New NNPC GMD, Kyari vows to collaborate EFCC to fight corruption
The new Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation will partner with Economic and Financial Crimes Commission (EFCC) to fight corruption in its operations.
Kyari disclosed this in his address at the Valedictory Session held for the outgoing GMD, Dr Maikanti Baru, in Abuja on Monday.
Kyari is the 19th GMD to steer the affairs of the corporation since inception.
“There is no corruption where there is no discretion; we will work with the Economic and Financial Crimes Commission (EFCC) to take out discretion in our system.
“NNPC will not be opaque, we will make what we do known to Nigerians because we are working for them, and not doing them a favour,” he said
He said that his team would be transparent and would not work to make deliberate mistakes.
Kyari added that he would not allow his personal interest to influence his decisions and urged his family members not to accept any gift from anyone.
“I have two sons and I have adopted so many, let me say it now in public, if you accept any gift from anyone, It is not for me.“For the public, please do not give any gift to my family member, “he said.
He pledged to work with various stakeholders in the sector to sustain Baru’s Legacy
He said that his team would work with the International Oil Companies (OIC) to ensure effective crude production and to further grow the nation’s oil reserve.
Kyari urged the oil workers unions to support the corporation to deliver on its mandate
He added that being a grand Chairman of Petroleum and Gas Senior Staff Association of Nigeria (PENGASSAN) was a plus to his team to achieve greater height.
“To all NNPC staff, we must work together and build that trust been expected of us which is to ensure NNPC excel as a company.
“We need all the support trust and understanding to deliver NNPC as a global company of excellence,” he said.
While commending Baru on its efforts, he assured him that he would continue from where he stopped and would deliver on the areas of oil and gas production.
“I have been part of the decisions and progress made in the last three years. I guarantee you that we will make NNPC a global company.
“We will remove discretion in doing business to ensure transparency, we will open new ways to meet with all stakeholders and we will be accountable to citizens,” he said.
He further said that his team would deliver on revamping of the four refineries and support every effort to help Dangote refinery come on stream.
“Our expectation is that by 2023 Nigeria will be net exporter of petroleum products and we target to grow the reserve to 40 billion barrel by 2020.
“I will do my work with utmost integrity, after which I hope to stand before my creator to say I have done well,” Kyari said.
The new GMD, who acknowledged that that his selection was divine, assured that he would work to ensure growth and development of the oil and gas sector in Nigeria.
The News Agency of Nigeria (NAN) reports that the high point of the event was the handing over ceremony with transfer of NNPC cap from the outgoing GMD to Kyari.
The Cap is the symbol of Legacy left by the First GMD of the Corporation Dr Festus Mario.
About seven past GMDs of the Corporation, Governors, National Assembly members, IOCs, industry players were present at the occasion. -
Lawan congratulates Kyari, Mustapha
The President of the Senate, Dr Ahmad Lawan has congratulated Malam Abba Kyari, the Chief of Staff to President Muhammadu Buhari and the Secretary to the Government of the Federation (SGF), Mr Boss Mustapha over their re-appointments by the President.
Lawan, in a statement by his Special Assistant on Media and Publicity, Mohammed Isa said the re-appointments confirmed the confidence and trust the president reposed in them.
“The re-appointments of Mallam Kyari and the SGF by the President is an appreciation of their commitments and contributions to the President’s successes in the last four years.
“As key figures of this administration, the roles played by the Chief of Staff and the SGF in achieving the successes recorded so far by President Buhari cannot be over emphasised,” he said.
Lawan urged the Chief of Staff and the SGF to use their renewed mandate to redouble their commitment.
He also charged them to deploy their wealth of experiences to assist the president in achieving his next level agenda. -
Kyari, Mustapha’s reappointment, reward for diligence – Kogi Gov
Gov. Yahaya Bello of Kogi has described the reappointment of Mr Abba Kyari, as Chief of Staff to the President, and Mr Boss Mustapha, Secretary to the Government of the Federation as ”a reward for hard work and diligence to duty.”
In a statement by his Chief Press Secretary, Onogwu Muhammed on Saturday in Lokoja, Bello felicitated with the duo on their reappointments by President Muhammadu Buhari.
Bello also noted that the reappointments of the two principal officers was a testamentary of the President’s approval for their work in his first term.and
According to him,it also beliefBuhar’s in their ability to contribute meaningfully toward the “Next Level” he promised Nigerians.
The governor affirmed that Kyari had been a dedicated chief of staff to the President; a principled and hardworking aide, while urging him to continue to effectively steer the presidency’s affairs toward productive governance.
Bello further called Mustaphaon to remain the dogged and relentless administrator in the affairs of the Nigerian state which he amply demonstrated during his first coming.
He stressed that the successes and achievements of President Buhari’s second tenure would be much hinged on the performance of Mustapha’s office.
Bello wished both of them good health and the wisdom to fulfill their duties in the best interest of the country. -
BREAKING: Buhari sacks Baru, appoints Kyari as NNPC GMD
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).
A release on Thursday morning in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, stated that President Buhari also appointed alongside Kyari, seven new Chief Operating Officers.
Until his new appointment, Kyari, a geologist, was Group General Manager, Crude Oil Marketing Division of NNPC and also doubled, since 13th May, 2018, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries, OPEC.
President Buhari has directed that the New GMD and the newly appointed Chief Operating Officers work with the current occupiers of the various offices till 7th July, 2019 towards a smooth transition on 8th July 2019 when their appointments would take effect to ensure a smooth transition. However, the appointment of Mr. Farouk Garba Said (North West), who is replacing a retiring Chief Operating Officer, is effective from 28th June, 2019.
The statement noted that: “The newly appointed Chief Operating Officers are:
1. Mr. Roland Onoriode Ewubare (South-South) – Chief Operating Officer, Upstream
2. Engr. Mustapha Yinusa Yakubu (North Central) – Chief Operating Officer Refining and Petrochemicals
3. Engr. Yusuf Usman (North East) – Chief Operating Officer, Gas and Power
4. Ms. Lawrencia Nwadiabuwa Ndupu (South East), Chief Operating Officer Ventures
5. Mr. Umar Isa Ajiya (North West) – Chief Financial Officer
6. Engr. Adeyemi Adetunji (South West) – Chief Operating Officer, Downstream and
7. Mr. Farouk Garba Said (North West) – Chief Operating Officer, Corporate Services.
Ughamadu stated in the release that NNPC Group Managing Director, Dr. Maikanti Baru, had congratulated the new appointees.
Kyari is a quintessential crude oil marketer with prerequisite certification and outfield pedigree in Petroleum Economics and crude oil and gas trading.
In the last 27 years he had traversed the entire value chain of the Petroleum Industry, with exceptional records of performance.
Under his watch, the Crude Oil Marketing Division has recorded noticeable transformation in the management and sales of the various Nigeria’s crude oil grades via an infusion of transparency and automation of the processes, the release by the NNPC spokesperson, stated.
Kyari would be the 19th Group Managing Director of the National Oil Company.
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Some billionaires are poorer but millions of farmers are richer under Buhari govt – Presidency
Chief of Staff to President Muhammadu Buhari, Abba Kyari, has told his principal that Nigerians are poorer because there are less billionaires and less private jets.
Speaking at the State House during a meeting with members of the Presidential Fertiliser Initiative (PFI), Kyari disclosed that people who say Buhari has not done anything since he assumed power are those affected by the change of old order.
The presidential aide said since many loopholes have been blocked, corrupt persons were the ones sponsoring attacks against the president.
Kyari said: “There’s no scam, no subsidy, no fraud. Last year, our efforts made sure that N60billion subsidy was saved.
“Mr President, we saved $200m in importation but they say your government has not achieved anything.
“Yes they say Nigerians are poorer, it is true Nigerians are poorer because there are less billionaires and less private jets.
“They are million of farmers who are rich and looking forward to this programme.
“They have no lobby groups, they don’t talk to the Financial Times, the have no face no voice.
“You have brought millions of Nigerians out of poverty.”
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‘Evans offered us N200m bribe when arrested,’ says police detective, Abba Kyari
The Head of the Police, the Intelligence Response Team, [IRT] Unit, ACP Abba Kyari, that captured billionaire kidnapper, Chukwudumeme Onwuamadike, aka, Evans, yesterday disclosed how his squad was offered a bribe of N200m by the Evans when he was captured by his officers.Abba Kyari who personally led the operation to arrest the kidnapper made this revelation while reacting to an allegation made by, Mr. Olukoya Ogungbeje, lawyer to Evans that the Nigerian Police extorted N50m from the kidnapping kingpin.Kyari made the disclosure while reacting to a discourse on the Facebook page of CKN News on how true the allegations of Ogungbeje.“All lies from this Criminal and Hungry Lawyer who is desperate to eat from Evans loot. My brother Everything Recovered from Evans kidnapper have been Registered as Exhibit because it’s bought frm the Ransom money he collected from Innocent Nigerians he Kidnapped and Court will eventually decide on all the Houses and other properties Recovered.Most of the things Recovered like the Trucks, Handsets, Jewelries, Houses, Cars etc are mentioned to the Press and carried by many Major newspapers in the past and u can google to verify. The Criminal Lawyer is even Implicating his Client the more by Reminding the Public of the Proceeds his kidnapper Client acquired frm the Ransoms he collected.I was Surprised He was also talking about 50m Cash recovered, How, Where and When? We have Written and Video Confessions of Evans Mentioning The Properties, Cars, Houses etc he acquired from the Ransom monies he has collected and most are recovered and Since Evans didn’t mention the 50m to us the lawyer most know where it’s kept.We know what to do on all this lies he is talking, There are Laws in this Country. He Thinks he can lie to ridicule the Uncompromising team that Arrested the most Notorious Kidnapper in Nigeria Evans, Same team that Refused to Collect 200million Evans Offered the moment he was arrested pledging that he can Make Calls for 200m to be brought in 48hrs if he can be released without anybody knowing.Same team refused the Offer and arrested him and exposed him to the Public. Wether the Criminal and his Lawyer likes it or not Recovery of Evans loots will Continue as the Criminal Lawyer is not happy with very Recent Recoveries of Trucks and Some part of Ransom Money.The Money and the Proceeds belongs to the Victims he Kidnapped and Collected their money not Evans. No need to talk too much bro. We will not relent and we know what to do. Many thanks my brother.” -
We have court’s order to detain Evans for 90 days – ACP, Abba Kyari
The Assistant Commissioner of Police (ACP), Abba Kyari, has said the police obtained the court’s backing to detain the kidnap kingpin, Chukwudumeme Onwuamadike popularly known as Evans, for 90 days.
He said the detention warrant was obtained on June 21, 2017, contrary to insinuations in some quarters that Evans was being illegally held by the police
Kyari explained to newsmen on Friday that the detention was obtained to allow for thorough investigation of the Evans.
In his words: “All those who want Evans released did not know that the police had obtained a 90-day warrant to detain him.
“We envisaged that they would do that, hence we beat them to it.”
TheNewsGuru.com reports that Evans recently dragged the Inspector General of Police, Ibrahim Idris before the Federal High Court in Lagos over his alleged illegal detention.
He prayed the court to order his immediate release if they cannot arraign him in court immediately.
TheNewsGuru.com reports that Evans again on Thursday filed another fresh suit against the Inspector General of Police, and three others at a Federal High Court in Lagos.
In the new suit, Evans is claiming N300 million as general and exemplary damages against the police for “illegal detention and unconstitutional media trial”.
TheNewsGuru.com reports that the billionaire kingpin was arrested in Lagos on Saturday, June 10 while preparing to travel out of the country. The arrest was carried out by the Intelligence Response Team (IRT) and led by ACP Abba Kyari.