Integrity Shock as ICPC Scores NNPC Zero, Ranks National Oil Company Bottom Despite Fresh Profits and Reform Claims
Nigeria’s anti-corruption watchdog, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has rated the Nigerian National Petroleum Company Limited (NNPCL) zero in its 2025 Ethics and Integrity Compliance Scorecard, placing it last among 357 federal ministries, departments and agencies assessed nationwide. The report found that NNPCL failed across all four integrity pillars—management culture, financial management, administrative systems, and anti-corruption mechanisms—classifying the national oil company as a high-risk institution. The outcome has intensified concerns over governance, transparency and accountability in Nigeria’s oil and gas sector, especially given NNPCL’s recent claims of improved profitability.
The ICPC report also revealed mixed results across petroleum regulators, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) emerging as the top-performing agency, while the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) recorded weak compliance. Overall, only about 14% of federal agencies achieved substantial compliance, prompting the ICPC to signal tougher enforcement actions against persistently non-compliant institutions. Analysts warn that NNPCL’s zero score poses reputational risks and could undermine public trust and investor confidence unless urgent governance reforms are implemented.
Nigeria’s anti-corruption watchdog, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has rated the Nigerian National Petroleum Company Limited (NNPCL) zero in its 2025 Ethics and Integrity Compliance Scorecard, placing it last among 357 federal ministries, departments and agencies assessed nationwide. The report found that NNPCL failed across all four integrity pillars—management culture, financial management, administrative systems, and anti-corruption mechanisms—classifying the national oil company as a high-risk institution. The outcome has intensified concerns over governance, transparency and accountability in Nigeria’s oil and gas sector, especially given NNPCL’s recent claims of improved profitability.
The ICPC report also revealed mixed results across petroleum regulators, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) emerging as the top-performing agency, while the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) recorded weak compliance. Overall, only about 14% of federal agencies achieved substantial compliance, prompting the ICPC to signal tougher enforcement actions against persistently non-compliant institutions. Analysts warn that NNPCL’s zero score poses reputational risks and could undermine public trust and investor confidence unless urgent governance reforms are implemented.
Integrity Shock as ICPC Scores NNPC Zero, Ranks National Oil Company Bottom Despite Fresh Profits and Reform Claims
Nigeria’s anti-corruption watchdog, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has rated the Nigerian National Petroleum Company Limited (NNPCL) zero in its 2025 Ethics and Integrity Compliance Scorecard, placing it last among 357 federal ministries, departments and agencies assessed nationwide. The report found that NNPCL failed across all four integrity pillars—management culture, financial management, administrative systems, and anti-corruption mechanisms—classifying the national oil company as a high-risk institution. The outcome has intensified concerns over governance, transparency and accountability in Nigeria’s oil and gas sector, especially given NNPCL’s recent claims of improved profitability.
The ICPC report also revealed mixed results across petroleum regulators, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) emerging as the top-performing agency, while the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) recorded weak compliance. Overall, only about 14% of federal agencies achieved substantial compliance, prompting the ICPC to signal tougher enforcement actions against persistently non-compliant institutions. Analysts warn that NNPCL’s zero score poses reputational risks and could undermine public trust and investor confidence unless urgent governance reforms are implemented.
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