Oil Sector: I’ll Reveal The Truth When Time Comes – Kyari

• Mele Kyari, CEO of NNPCL, promised to reveal the truth about the company’s operations amid Senate investigations into economic sabotage
• Kyari defended NNPCL against accusations of importing substandard items, emphasizing the company’s commitment to transparency and integrity in operations

Mele Kyari, the CEO of Nigerian National Petroleum Company Limited (NNPCL), has stated that he will expose the truth about the company’s oil and gas operations at the appropriate moment.

Kyari made the statement on Wednesday while testifying before a Senate ad hoc committee looking into potential economic sabotage in the petroleum industry.

The committee, led by Senator Opeyemi Bamidele, is looking into the oil company’s activities amid requests for public oversight.

Kyari asserted that the NNPCL is not involved in importing substandard items because it is dedicated to transparency and integrity.

He bemoaned unfair media coverage, claiming it was intended to destroy the company’s brand and create a sense of economic sabotage.

“We are not criminals, we are not thieves,” Kyari said. We will protect our dignity so we can serve this country.”

Remember the conflict between oil and gas regulators and the Dangote refinery?

One of the charges is that certain government officials own a blending factory in Malta.

Malta is an island country in the middle of the Mediterranean Sea.

An oil blending plant lacks refining capabilities but can be used to combine re-refined oil with additives to produce finished lubricant products.

“To clarify the charges about the blending facility, I do not own or operate any businesses directly or indirectly anywhere in the globe, except a local mini-agricultural endeavour.

“I am unaware of any NNPC employee who owns or operates a blending factory in Malta or elsewhere.

“A blending plant in Malta, or anywhere in the world, has no bearing on NNPC’s business operations or strategic decisions.

“For further assurance, our compliance sanction grid shall apply to any NNPC employee who is established to be involved in doing so if availed, and I strongly recommend that such individuals be declared publicly and be made known to relevant government security agencies for necessary actions because of the grave implications for national energy security,” Kyari wrote on his Twitter account.