Connect with us

FEATURED

EFCC Grills NNPCL’S Chiefs Over “Gratuity In Billions” Report Against Kyari, Ajiya

Published

on

New-GMD-of-NNPC-Mele-Kele

The Nigerian National Petroleum Company Limited (NNPC) has invited the Economic and Financial Crimes Commission (EFCC) to probe a report published in some media platforms that the NNPC erred in paying “gratuity in billions” to the Chief Executive Officer, Mele Kyari and the Chief Financial Officer, Umar Ajiya.

There had been some reports published in some online media platforms that alleged inappropriateness of the disengagement of Kyari and Ajiya from the services of the old Corporation and their subsequent appointment by President Muhammadu Buhari to commence a new tenure as Group CEO and CFO in the new NNPC Limited.

Recall that the NNPCL had clarified the misrepresentation by the publications based on the provisions of Section 59(3), which nullified previous appointments after the successful transition of the defunct NNPC to the commercially driven National Energy Company, the NNPC Limited.

Consequently, the EFCC has on the invitation of the NNPC Ltd scheduled to commence an investigation on the payment, by the NNPCL to Kyari and Ajayi, on Wednesday.

The commission has also requested that Kyari avail the company’s Chief Officer (Human Capital) and the Chief Financial Officer for an interview on the same day.

“They will interact with the Commission’s head of Foreign Exchange Malpractices Section on a wide range of issues connected with the alleged payment of gratuities,” the EFCC’s Director of Operations, Abdulkarim Chukkol said on Tuesday.

Advertisement
Article Banner

During the interview, the duo is expected to present “Certified True Copies of entitlements and retirement benefits of directors and above; evidence of payments of gratuities to the Group Managing Director, Director Accounts or any other director of the company”.

Two weeks ago, the NNPCL had taken legal action against the same newspaper after the report.

In a statement, the NNPC recalled the passage of the Petroleum Industry Act and the successful transition of the Nigerian National Petroleum Corporation to a commercially driven National Energy Company, the NNPC Limited.

The National Oil Company said the PIA 2021, had in addition to the creation of NNPC limited made clear and unambiguous provisions relating to Governance, Administration, and the appointment of a Chief Executive Officer (CEO), a Chief Financial Officer (CFO) and Board of Directors by the President.

The statement reads in part, “The PIA 2021 is deliberate about the long term sustainability of the 20 years long petroleum industry reform that climaxed in the creation of NNPC Limited as a commercially driven National Energy Company, with focus on sustainable value creation.

“Pursuant to the provisions of the Act, appointment of the CEO and CFO of NNPC Limited by the President of the Federal Republic of Nigeria is on the basis of distinct terms and conditions of Service including tenure, employment benefits and termination.

Advertisement
Article Banner

“The appointment of CEO and CFO is not a career posting as erroneously presented.

“Specifically, section 59(3) of the PIA 2021 has clearly stipulated the conditions to be considered in appointing the CEO and CFO of NNPC Limited without recourse to previous employment ranks in the Corporation. The previous rank of GMD or GED F&A was therefore not a consideration in the appointment of the CEO or CFO of NNPC Limited.

“Consequently, by virtue of the appointments of Mallam Mele Kyari and Mr. Umar Ajiya as NNPC Limited Group CEO and CFO respectively by Mr President for a tenure of five years each with effect from 16 September 2021 has ended their employment with the Corporation and are thus entitled to their terminal benefits in respect thereof.”

The statement stated further that based on the provisions of the Act, the new tenured roles they assumed with NNPC Ltd cannot be regarded as continuance of their previous positions in the defunct Corporation.

It added, “For further clarity on the misrepresentation of facts by Sahara Reporters, the Circular issued by the Head of the Civil Service of the Federation, dated 27 July 2009, has explicitly stated that appointments as Chief Executives of Government-Owned Companies are “tenured appointments”, and in respect of such tenured appointments, career officers who wish to take up such appointments shall retire from service, in order to run their tenure uninterrupted.

“The circular recognises a distinction between a tenured appointment to serve as Chief Executive of a government-owned company, as distinct from a career office.

Advertisement
Article Banner

“Public service rules require termination of any fixed career appointment to take up a tenured role.

“It is therefore our belief that the informed general public will disregard the misinformation and misrepresentation of facts.

“NNPC compensation does not pay gratuity into billions and we are a compliant organisation that is committed to delivering greater value to Nigerians in strict compliance with extant laws and circulars.”

The statement said the Group CEO and the CFO have demonstrated patriotism by ending their career appointments with the Corporation to serve the nation on five years tenured appointment in NNPC Limited.

“The general public is therefore advised to disregard the spurious and malicious publications while the company will take necessary legal steps to seek redress,” the statement concluded.

(This story, excluding headline contains information from THE WITNESS)

Advertisement
Article Banner
Continue Reading
Advertisement
Click to comment
FEATURED7 hours ago

Okowa Restates Commitment to Girl-Child Education, Says Every Girl Deserves Opportunity

COMMUNITY REPORT19 hours ago

Fresh Oil Discovery Sparks Tension in Delta Community as Family Rejects Lease Deal

FEATURED1 day ago

Delta Police Arrest 26-Year-Old Armed Robbery Suspect in Asaba, Recover AK-47, Guns

Profiled
FEATURES1 day ago

EFCC Recovers $104,950 for US-Based Businesswoman in Disputed China Truck Deal

NEWS1 day ago

Happy Birthday To My Wife, Mena Ogbodu — A Heartfelt Note From Bigpen

FEATURED2 days ago

PVC Collection: Obidient Movement Alleges Vote Buying, Warns Deltans Against Releasing PVC, Bank Details

FEATURED2 days ago

Delta North Senate 2027: Why Okowa Has Edge Over Ochei in Anioma Battle

FEATURED2 days ago

2027: Ibori Declares Massive Support For Tinubu, Oborevwori as Delta Governor Orders Overhaul of Dilapidated Schools

FEATURES2 days ago

30-Day Petrol Relief: Tinubu Group Fires Back at Atiku, Defends NNPC’s Plan

secure number one position
Defense and Security2 days ago

Police Confirm Abduction of 3 Cocoa Research Institute Workers in Oyo

NEWS2 days ago

2027: Omo-Agege Fires Aguariavwodo, Says He Could Not Light His Own House

FEATURES3 days ago

Anambra Building Collapse: Mother, 14-Year-Old Daughter Crushed to Death

FEATURES3 days ago

Why Some Nigerian Graduates Are Rejecting NYSC in 2026: Security, N77k Allowance, No Jobs

COMMUNITY REPORT3 days ago

Isoko North Chairman Ogorugba Pledges Support for LGAs Information Officers of NUJ, NUIS, Youth Devt

Defense and Security3 days ago

Ondo NAF Plane Crash: CAS Leads Recovery Efforts in Igbokoda, Assures Probe

Advertisement
Advertisement

z

   


Article Banner