The Nigerian National Petroleum Corporation, NNPC, has revealed plans to declare dividend to its shareholders, saying it will publish its 2020 statement of accounts soon.

Group Managing Director of the corporation, Mallam Mele Kyari, disclosed this on Monday in Lagos at the opening ceremony of the Nigeria Annual International Conference & Exhibition, organised by the Society of Petroleum Engineers, He said the shareholders would  be paid an annual dividend for the first time in the history of the establishment.

“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,” he said, adding that the corporation is positioning itself in alignment with the wider national interest. Kyari said the corporation would play a key role in the global transition to low carbon energy in the near future.

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Source: SweetCrudeReports

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