The Nigerian National Petroleum Corporation will declare its
first dividend to Nigerians as it prepares to release its 2020 financial
statements in the third quarter of this year, the Group Managing Director, Mele
Kyari, said on Monday.
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.
He 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 dividend to the Nigerian people.”
Kyari said the corporation would play a key role in the
global transition to low carbon energy in the near future.
“Our tremendous natural gas reserves have become our
greatest enabler to smooth transition to low carbon energy. We are deepening
natural gas utilisation under the national gas expansion plan to earn more
carbon credits and create a net zero carbon environment in line with our drive
to becoming an energy company of global excellence,” he added.
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