Staff of the Nigerian National Petroleum
Corporation, NNPC, received N357.098
billion as salaries, wages and other
benefits in 2019, according to the
corporation’s recently released audited
financial statement.

The NNPC Group had disclosed that its
staff strength, as at April 20, 2020, stood
at 6,621, both at its headquarters and
across all its subsidiaries, division and
offices nationwide. The NNPC has 13
divisions and Strategic Business Units,
SBU, nationwide.

Though the NNPC recruited 1,050 new
employees, February 2020, a number of
senior management staff of the NNPC were
also disengaged earlier in the year.

According to the NNPC, in its 2019 audited
financial statement, the emoluments of
the staff in 2019 was an increase of
N14.74 billion or an appreciation of 4.3 per
cent from N342.36 billion paid to the staff
in 2018.

The N357.098 billion, if divided among the
6,621 staff of the NNPC, translates to an
average salary of N53.93 million per
employee in 2019.

Putting it in context, the N357.098 billion
salary of NNPC staff is more than the 2020
budgets of three south-east states –
Enugu, Anambra and Imo states —
combined, which is N350.3 billion.

Specifically, the 2020 budget of Enugu,
Anambra and Imo states is N146.4 billion,
N114.9 billion and N89 billion respectively.
In addition, the salary of NNPC’s staff is
higher than Delta State’s 2020 budget of
N282 billion; Kano, Kaduna, Borno and
Sokoto’s budgets of N206.27 billion,
N259.25 billion, N108.8 billion and N153
billion respectively; while the 2020 budget
of Edo, Rivers and Abia states were N128.8
billion, N300.37 billion and N102.6 billion
respectively.

The salary is also higher than the N127.36
billion, N131.74 billion and N152.77 billion
earmarked for capital expenditure in the
proposed 2021 budget for the Federal
Ministry of Education, Federal Ministry of
Health and Federal Ministry of Water
Resources, respectively.

It is also higher than the N256.89 billion,
N198.28 billion, N89.97 billion N64.84 billion
and N10.19 billion budgeted for capital
expenditure in the proposed 2021 budget
for the ministries of Transport, Power,
Aviation, Science and Technology, and
Mines and Steel Development, respectively.
Furthermore, in the 2019 financials, the
NNPC said it paid N91.336 billion to the
government as income tax in 2019; and
N74.177 billion as interest on loans in the
same year.

However, staff of the NNPC alone — not
including employees of other subsidiaries —
received N103.7 billion as salaries, wages
and other benefits in 2019, an increase of
13.26 per cent compared with N91.56 billion
recorded in 2018.

The NNPC Group had also stated that 27.2
per cent of its total workforce, comprising
1,801 staff is currently employed in the
Corporate Headquarters.

To this end, from the N103.7 billion, an
average staff of the NNPC’s corporate
headquarters received N57.58 million as
salary, wages and other benefits in 2019.
NNPC’s workforce

In addition, the NNPC had stated that 13
per cent of the group’s total workforce
were employed in the Nigerian Pipelines and
Storage Company (NPSC); while 758
individuals are currently employed in the
moribund Kaduna Refining and
Petrochemical Company, KRPC, representing
11.4 per cent of the NNPC Group’s total
workforce.

The Port Harcourt Refining Company,
PHRC, which is currently shut down and
awaiting revamp, has 655 staff; Nigerian
Petroleum Development Company, NPDC, 550
staff; the moribund Warri Refining and
Petrochemical Company, WRPC, has 485
staff; NNPC’s commercial and investment
subsidiary, National Petroleum Investment
Management Services, NAPIMS, has 426
staff; while the corporation’s downstream
subsidiary, the Petroleum Products
Marketing Company, PPMC, has 255 staff.

In addition, the document noted that
Nigerian Gas Company, NGC, has 254 staff;
Integrated Data Services Limited, 175
staff; Crude Oil Marketing Division of the
NNPC and Nigerian Gas Marketing Company,
NGMC, 152 staff each; while National
Engineering and Technical Company Limited
(NETCO) has 64 staff in its employ.

The NNPC had in its report of compliance to
the Extractive Industries Transparency
Initiative’s (EITI) Open Data
requirements, revealed that 81.7 per cent
of its workforce, comprising 5,410
individuals, were male, while 1,211 were
women, representing 18.3 per cent of its
total staff strength.

https://www.vanguardngr.com/2020/11/e-x-p-o-s-e-d-nnpcs-staff-receive-n357bn-as-salary-in-one-year/

Recieved 357 Billion as salary in one year ? That is wonderful Weldone o We go survive am I know for sure .

Same NNPC under which none of the nation's refineries are working even @ 50% capacity but instead have been turning out losses, incurring TAM & other stupendous overhead costs? What are they being paid for-supervising the subsidy business? NNPC just needs to be privatized.

357 billion for year? come o na NNPC dey service hell fire? ...

That's a lot of money!

Looting incorporated.. merciless looting.. This is the reason why the government is borrowing money to pay workers in the civil service. Same reason why recurrent expenditures take almost the whole budget every year both at the federal and the state levels. The whole bureaucracy is over inflated with unqualified and unneeded personnels who are only there to make money! The practice of flooding every government agency with party hirelings and ethnic henchmen means that at every turn, the number of recruitments into the civil service keeps growing even when there is no need for more workers because politicians must create jobs for the "boys". It's also the reason why they keep duplicating agencies, just to open up more spaces for kiths and kins. What is the difference between EFCC and ICPC? Why should the two agencies doing the same work have different thousands of employees in a period when paying salaries is hard for the government? Over time, the whole civil service set up, together with adjoining agencies in Nigeria, seem to exist for the sole reason of providing spaces for folks to earn wages and to loot and not to provide services..

Hmm.... Nigeria and it's people.

And the looting of the commonwealth continue... God no go shame this country.. Naija will be great..

I'm not surprised anyway, absolute corruption has become a norm in the country.

O

Nigeria was set up for wealth transfer so theft and corruption are like norms up there.

The only way forward is to privatice NNPC which is almost impossible cos NUPENG and PENGASSAN no go gree.

Possible in a FEUDAL AUTOCRACY.

Tears left my eyes after reading this article... it's really bad..

Truly Atiku was right, NNPC needs to be dismantled..

The next protest tag line should be #ENDNNPC

And to think none of our refineries are working, they should all be on suspended salary until the refineries are back......same for CBN

lol