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Kyari has shown to the world that Nigeria's oil and gas sector is no longer mired in the cesspit of venality and fiscal tardiness; that the sector has taken off on a journey in the pathway of transparency and accountability. This is cheery news and it gets even better when his modest effort is not lost on the global community. International bodies like the Extractive Industries Transparency Initiative (EITI) which described it as a ‘significant milestone’, and the Open Government Partnership, among others, have variously commended this new order of openness in NNPC. ....
Within the first year of managing the NNPC, Mr. Kyari, through his cost reduction strategy, was able to reduce NNPC’s losses from N803bn in 2018 to N1.7bn in 2019 before the eventual declaration of the N287bn Net Profit in 2020. ....