The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, called on International Oil Companies (IOCs) operating in Nigeria to be more accountable to Nigerians and not just to their shareholders and companies.
Kyari says at the Nigeria International Petroleum Summit (NIPS) in Abuja that although oil companies plying their trade in the country were responsible to their home companies, they must also strive to incorporate the interest of the government and its people.
He added that shareholders expect companies to deliver value, which is reflected in the dividends that they are able to deliver and beyond that, they expect that chief executives should act responsibly.
He says acting responsibly means recognising that there are citizens of that country that have different expectations.