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The nations owned oil company abbrieviated as NNPC has been faced with backlash for years of keeping the countrys oil business operations from the eye of the public by publishing only unaudited financial reports.
Nnpc audited accounts. With the coming of Malam Kyari in July 2019 the transparency drive within the corporation was taken a notch higher. With the coming of Mallam Kyari in July 2019 the transparency drive within the corporation was taken a notch higher. An executive brief of the released AFS revealed that in all the audited financial statements of NNPCs 19 subsidiaries and the Corporate Service Unit NAPIMS were laid bare in a novel move at enshrining high level of transparency and accountability in the National Oil Company.
2019 PETROLEUM PRODUCTS MARKETING COMPANY AUDITED FINANCIAL STATEMENTSpdf. 2019 NNPC RETAIL LIMITED AUDITED FINANCIAL STATEMENTSpdf. The Nigerian National Petroleum Corporation NNPC said on Sunday that it had updated its outstanding audit of the group financial statements from 2011 to 2016.
Worse still by not making public its audited accounts the NNPC has over the years failed to comply with the International Financial Reporting Standards as well as the Companies Allied Matters Act CAMA. With the coming of Mallam Kyari in July 2019 the transparency drive within the corporation was taken a notch higher. Nigerian National Petroleum Corporation NNPC has officially released for the first time its audited statement of accounts to the public.
Worse still by not making public its audited accounts the NNPC has over the years failed to comply with the International Financial Reporting Standards as well as the Companies Allied Matters Act CAMA. NNPC Spokesman Ndu Ughamadu said. Worse still by not making public its audited accounts the NNPC has over the years failed to comply with the International Financial Reporting Standards as well as the Companies Allied Matters Act CAMA.
2018 Audited Financial Statement New Paradigm For National Corporation. After 43 years NNPC publishes audited financial accounts. The Nigerian National Petroleum Corporation has made audited financial statements public so as to promote transparency around its operations.
This is viewed as a reaction to the criticism that has been on the government-owned oil firm for years of conducting the countrys oil business in secret by only publishing unaudited financial reports. The Nigerian National Petroleum Corporation NNPC as part of measures to improve transparency and accountability in its operations has published its audited financial statements online for 2018. The Nigerian National Petroleum Corporation NNPC made history on Friday with the publication of its first audited.
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