The Nigerian National Petroleum Corporation, NNPC, has disclosed that it’s staff members the sum of received N357.098 billion as salaries, wages and other benefits in 2019.
NNPC disclosed this in its audited financial statement recently released.
The Corporation disclosed that as at April 20, 2020, it’s staff strength stood at 6,621.
The report said the number comprised both staff at NNPC’s headquarters and other subsidiaries, division and offices across Nigeria.
The financial statement noted that 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.
Putting it in context, the N357.098 billion salary of NNPC staff is more than the 2020 budgets of three southeast states like Enugu, Anambra and Imo states put together which is N350.3 billion.
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, Vanguard reports.
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