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Nigerians to receive NNPC’s first dividend soon, says GMD Kyari

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Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, said on Monday that the corporation is set to declare its first dividend to Nigerians as it prepares to release its 2020 financial statements.

Kyari disclosed this in Lagos while delivering an address at the opening ceremony of the Nigeria Annual International Conference and Exhibition organised by the Society of Petroleum Engineers.

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The GMD said, “Everything we are doing must align with the wider national interest. And therefore, NNPC, being the representatives of all of us and, is, of course, a very potential global player – this is our ambition and we are getting there.

“And I can tell you, within the next month or two maximum, we will publish our statement of accounts for 2020. And I can also confirm to you that for the first time in our history, we will declare dividends to the Nigerian people.”

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Kyari also said the NNPC would play a key role in the global transition to low carbon energy in the near future, The PUNCH reports.

 

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