Wednesday, August 6, 2025
27.1 C
Lagos

Ntia, NNPC’s EVP Upstream, Charges Stakeholders on Corporate Governance, Transparency

Mr. Udobong Ntia

Executive Vice President, Upstream

NNPC Limited

The NNPC Limited’s new Executive Vice President, Upstream, Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency and efficiency in their operations.

Ntia, spoke during an Upstream Governance, Risk and Compliance Workshop themed “Enhancing Governance, Risk and Compliance in Nigeria’s Upstream Sector” held in Lagos on Tuesday.

Delivering his opening remarks at the workshop, Ntia stressed that governance, risk management, and compliance are at the foundation of NNPC Ltd’s core values of Integrity, Excellence, and Sustainability.

He commended the upstream leadership and regulators for supporting the initiative to assemble stakeholders to discuss issues that have a bearing on individual and collective success towards attaining the clear mandate of sustainably ramping up the nation’s crude oil production.

The EVP also reiterated his readiness to provide enablers within his purview that will accelerate the implementation of initiatives that will enhance governance, risk management and compliance in the upstream sub-sector.

The workshop had in attendance NNPC’s Chief Compliance Officer, Mr. Nasir Usman; NNPC Ltd’s Chief Upstream Investment Officer, Mr. Bala Wunti; representatives of industry regulators such as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC); the Nigerian Content Development and Monitoring Board (NCDMB) and over 20 upstream operators from International Oil Companies in Nigeria.

 

spot_img
spot_img

Hot this week

Investor Confidence: Stanbic IBTC Holdings Surpasses ₦100 Stock Price Threshold

Stanbic IBTC Holdings Plc has achieved a remarkable milestone,...

Leadway Assurance Partners Ecobank to Expand Access to Tailored Insurance Solutions

Leadway Assurance, Nigeria's leading insurance provider, has formally entered...

ICAN Fidelity Bank Chapter Chair to Focus on Capacity Building, Professional Excellence

L-R: Chairman of the Occasion and Regional Bank Head...

Sterling HoldCo Delivers 157% Profit Growth in Half-Year 2025

Sterling Financial Holdings Company Plc has reported a 157%...

Topics

The Address Homes: Pushing the Frontier of Luxury Houses in Nigeria

‘There’s no place like home,’ or ‘Home is where...

Leadway Capital & Trusts Targets Leadership Position in Trusteeship Industry

L-R: Risk and Compliance Officer, Leadway Capital and Trusts...

SUPERNEWS Confab: Fintech Adoption Will Grow SMEs — Experts

L-R: Olukayode Shode, Deputy Director, Small and Medium Enterprises...

TRENDS IN TALENT ACQUISITION FOR 2020

The hiring market has changed dramatically over the last...

UBA Grows Earnings by 40% to N1.37tn in Half Year, Declares Interim Dividend of N2.00

Africa’s Global Bank, United Bank for Africa (UBA) Plc...

MTN Nigeria to Go Public in 2016

MTN Nigeria will become a Public Liability Company (PLC) in 2016. Accordingly, MTN will list its shares on the floor of the Nigerian Stock Exchange (NSE) by way of public offer for purchase by interested members of the investing public. A senior insider in MTN Nigeria confided in Business Journal: “Well, l can tell you that the management has concluded plans to list the shares of MTN on the Nigerian Stock Exchange (NSE) in 2016, mainly due to intense pressure from various quarters in the past three years.

The Adesola Adeduntan-Led FirstBank: 130 Years of Enabling Success

Dr. Adesola Adeduntan In a country with short-lived corporate excellence...

Third Party Motor Insurance: N3m Claim, N15, 000 Premium on Private Cars

The National Insurance Commission (NAICOM) has raised the Third...
spot_img

Related Articles

Popular Categories

spot_imgspot_img