Global transparency agency names NNPC partner company

poration as an EITI partner company.

As an EITI partner company, the NNPC said it had joined a group of over 65 extractives companies, state-owned enterprises, commodity traders, financial institutions and industry partners who commit to observing the EITI’s supporting company expectations. The corporation said the status would require it to publicly disclose taxes and payments and ensure comprehensive disclosure of taxes and payments made to all EITI implementing countries.

The partner company status will make NNPC engage in rigorous procurement processes, including due diligence in respect to partners and vendors.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NNPC becomes EITI supporting companyBecoming an EITI supporting company can help state-owned companies make progress towards transparency.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

NNPC now EITI supporting company — KyariThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) , Malam Mele Kyari says the corporation has become an Extractive Industries Tr
Source: Daily Trust - 🏆 13. / 51 Read more »

NNPC Now EITI Supporting Company- KyariThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) , Malam Mele Kyari says the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company. Kyari announced this on his twitter account MKKYARI on Tuesday. He said that with the development, the corporation had joined a group of over 65 extractives companies,
Source: LeadershipNGA - 🏆 4. / 77 Read more »