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Compliance audit: NPDC, BPE, Total among 15 lowest performers

The Nigeria Extractive Industries Transparency Initiative on Tuesday announced that its ongoing independent audit of the oil and gas industry covering 2015 recorded 94 per cent compliance by companies and relevant government agencies.

According to the audit report, while 14 out of the 65 companies that participated in the exercise topped the ranking table with a maximum score of 100 per cent, 15 others scored between 51st and 62nd positions.

Two subsidiaries of the Nigerian National Petroleum Corporation, namely: the Nigerian Petroleum Development Company and Crude Oil Marketing Division of the NNPC, as well as the Bureau of Public Enterprises, Total Exploration and Production Nigeria Limited, amongst others, were listed among the 15 firms in the 51st to 62nd positions.

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