Oil Sector: I Will Reveal The Truth When Time Comes – Mele Kyari

The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Wednesday, confirmed that he will reveal the truth about the company’s operations in the oil and gas sector at the appropriate time.

Naijaonpoint reports that Kyari made this claim while testifying before a Senate ad hoc committee investigating alleged economic sabotage in the petroleum industry.

The committee, which is led by Senator Opeyemi Bamidele, is investigating the oil firm’s activities amidst calls for public scrutiny.

Kyari stated that the NNPCL is not involved in the importation of sub-standard products, as it was committed to transparency and integrity.

He lamented unfair media reports, stating that it was targeted at tarnishing the company’s reputation and creating the impression of economic sabotage.

Kyari said, “We are not criminals, we are not thieves.

“We will protect our dignity so we can serve this country.”

There has been a controversy between regulators in the oil and gas industry and the Dangote refinery.

Dangote had alleged that some government officials own a blending plant in Malta.

Malta is an island country located in the central Mediterranean Sea.

An oil blending plant has no refining capability but can be used to blend re-refined oil with additives to create finished lubricant products.

Clarifying the allegation, Kyari, in a post on X, wrote, “To clarify the allegations regarding blending plant, I do not own or operate any business directly or by proxy anywhere in the world with the exception of a local mini agric venture.

“Neither am I aware of any employee of the NNPC that owns or operates a blending plant in Malta or anywhere else in the world.

“A blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.

“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 in view of the grave implications for national energy security.”