• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

      FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

      Centre for Crisis Communication, CCC,

      CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

      NITDA Applauds Tech Giants for Advancing Online Safety in Nigeria

  • National
    • Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

      Troops of Operation FANSAN YANMA

      Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

      PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three…

      FG, States, LGs Share N2.001trn for July, Says FAAC

      FG Unveils Personal Income Tax Calculator Under New Reform Laws

    • Government
      • FG, States, LGs Share N2.001trn for July, Says FAAC

        FG Unveils Personal Income Tax Calculator Under New Reform Laws

        Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

        FG Subsidises Dialysis Cost to N12,000, Says Northwest Not Excluded

        Ibrahim Yahaya Dandakata of Arewa Economic Forum AEF

        Arewa Economic Forum Alleges Targeted Removal of NTA Chief, Calls for…

  • Security
    • Police Recover arms from Boko Haram in Borno

      Man, 65, arrested for illegal arms deal in Anambra – Police

      Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

      Troops of Operation FANSAN YANMA

      Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

      CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

      DSP Ikenga Tochukwu, PPRO Anamabra State Police Command,

      Police Command Moves to Address Protest Concerns in Anambra

  • Features
    • The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

      How Desperation Turns Nigerian Job Seekers Into Scam Targets By Tahir…

      Festus Keyamo Aviation Minister

      Rebuilding Trust in Nigeria’s Aviation Through Crisis Communication, By Mukhtar Ya’u…

      President Bola Ahmed Tinubu

      Citizen’s Diary: The message from the South-East to President Tinubu, by…

  • State
    • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

      CP Jimoh Moshood

      Lagos Police Intercept Vehicle Loaded with Cannabis

      ACF

      ACF Decries Worsening Insecurity in the North

      Nigerian Navy Personnel

      Navy Hands Over Seized Smuggled Rice, Cannabis to Customs, NDLEA, Rescues…

      Inspector-General of Police Kayode Adeolu Egbetokun

      Police Creates 2 New Area Commands, Upgrades 5 Divisions in Benue…

  • Event
    • President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

      NIPR President Ike Neliaku and a recently inducted PR professional from Kano

      PHOTOS: NIPR Inducts 80 New PR Professionals in Kano to its…

    • PR Nigeria Award
  • E-Paper
Home Economy Isiaka Abdulrazaq CFO NNPC Gets Standing Ovation on Retirement
  • Economy

Isiaka Abdulrazaq CFO NNPC Gets Standing Ovation on Retirement

By
Prnigeria
-
July 8, 2019
isiaka abdulrazaq GED nnpc
isiaka abdulrazaq GED nnpc

Isiaka Abdulrazaq CFO NNPC Gets Standing Ovation on Retirement

For his exemplary leadership and promotion of transparency and accountability as the Chief Finance Officer(CFO) of the Nigerian National Petroleum Corporation(NNPC)the outgoing Group Managing Director of NNPC, Dr Maikanti Kacalla Baru has commended Isiaka Abdulrazaq and ordered a standing ovation in his honour.

At the valedictory ceremony held in honour of the Dr Maikanti Baru attended by two sitting Governors of both Ekiti and Delta states respectively, captains of industry, policy makers and leaders of thought at the NNPC Towers in Abuja, the outgoing NNPC GMD poured encomiums on Mr Abdulrazaq for playing a leading role in the exit of the corporation from Joint Venture Cash-Calls, notably with the recent settlement of ExxonMobil barely a week ago.

According to Dr Baru, the retiring NNPC Chief Finance Officer made it a duty to pay staff salaries and allowances not later than every 25th of the month, apart from pensioners whose interests were always considered.

Baru said: “One of such of our members is Mr. Abdulrazaq whose professionalism and commitment to excellence has made NNPC, the national oil company, to be more transparent in its books. “NNPC accounts and subsidiaries are now regularly published and can be accessed by members of the public.”

He was also honoured for coordinating the effective implementation of the Single Treasury Account policy of the Federal Government in NNPC, thereby drastically reducing the number of NNPC bank accounts

Read Also:

  • Man, 65, arrested for illegal arms deal in Anambra – Police
  • Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit
  • Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

Abdulrazaq was also credited for transparency, professional excellence and integrity in public life, ensuring the timely preparation and Audit of Financial Statements in NNPC, adding that the 2018 financial reports were ready.

Abdulrazaq drove several financing initiatives in the Oil & Gas sector, including but not limited to: $1.2 billion NNPC/Exxon Satellite Oilfield’s development, $680 million Bonny Gas Transport Limited Shipping Financing, negotiation of Modified Carry Arrangement Alternative Financing to the tune of $8 billion in favour of Nigeria.

He championed the “Sustainable Join Venture Funding” mechanism that will assure Join Venture production growth of Oil and Gas and reduction in unit cost of production thereby securing higher take for Government in the form of Royalties and Taxes through lower cost of production among other numerous benefits to the nation.

Abdulrazaq is from Ilorin Emirate of Kwara State. He is a holder of B.Sc (Hons) Mathematics, LLB (Hons) and MBA degrees. A Fellow of ICAN, he was a one time the Group General Manager NNPC Capital before his current position as Group Executive Director in charge of Finance and Accounts, before the nomenclature was changed to Chief Finance Officer.

He had previously worked with Power Holding Company of Nigeria, Debt Management Office in the Presidency, Northern Nigeria Development Corporation and Coopers and Lybrand, Chartered Accountants. While in NNDC, he rose to the position of Financial Controller. He was called to the Bar in 1995.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • CFO
  • Isiaka Abdulrazaq
  • NNPC
Previous articleBPSR Commends SGF over NASC, Rebranding Public Information
Next articleArmy to Support UNDP’s Rebuilding Programme in N/East
Prnigeria
Prnigeria
http://www.PRNigeria.com

RELATED ARTICLESMORE FROM AUTHOR

Police Recover arms from Boko Haram in Borno

Man, 65, arrested for illegal arms deal in Anambra – Police

Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

Troops of Operation FANSAN YANMA

Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors

Nigerian Military Refutes Misinterpretation of CDS Self-Defence Comment

Anambra Police Nab Suspected Vandals, Recover Transformer Parts, High-Tension Cables

Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

Chief of Defence Staff (CDS), Gen. Christopher Musa

CDS Musa Charges Citizens to Learn Combat Skills for Self-Defence

Counter-Terrorism: ​MNJTF, OPHK Commanders Assess Lake Chad Operations

CP Ikiouye Orutugu

Anambra Police Arraign Four Over Child Defilement

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Man, 65, arrested for illegal arms deal in Anambra – Police
  • Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit
  • Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina
  • CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo
  • Police Command Moves to Address Protest Concerns in Anambra
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Man, 65, arrested for illegal arms deal in Anambra - PoliceDelegations Arrive Abuja for Inaugural African Defence Chiefs SummitTroops Neutralise 7 Bandits, Recover Motorcycles in KatsinaCRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, WigoPolice Command Moves to Address Protest Concerns in AnambraPHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive DirectorsNigerian Military Refutes Misinterpretation of CDS Self-Defence CommentCDS, Katsina Lawmakers Strategize to Tackle BanditryFG, States, LGs Share N2.001trn for July, Says FAACLagos Police Intercept Vehicle Loaded with CannabisFG Unveils Personal Income Tax Calculator Under New Reform LawsACF Decries Worsening Insecurity in the NorthNavy Hands Over Seized Smuggled Rice, Cannabis to Customs, NDLEA, Rescues Trafficking VictimsPolice Creates 2 New Area Commands, Upgrades 5 Divisions in Benue to Boost SecurityAnambra Police Nab Suspected Vandals, Recover Transformer Parts, High-Tension Cables
X whatsapp