MPs want Kang Chol to take over Nilepet from President Kiir’s office
The lawmakers argue that the Ministry of Petroleum has a legal mandate to manage Nile Petroleum.
The Transitional National Legislature on Thursday directed the executive arm of the government to return the management of Nile Petroleum Corporation to the Ministry of Petroleum, under Puot Kang Chol.
This decision was reached in a report of the 2022–2023 budget after its scrutiny by members of parliament. According to the lawmakers, NilePet should be returned to the Ministry of Petroleum for policy coordination and execution.
Nilepet is a national oil corporation established by law to work alongside oil consortia working in partnership with the government. It was also established to support upstream and downstream operations in all operating companies and to sell and receive the government’s share of oil proceeds as well as to pay corporate income tax.
However, since its establishment, it has been reporting to the office of President Salva Kiir and the National Legislature about its operations and financial performance instead of the ministry of petroleum—the docket charged with overseeing the activities of oil in the country.
As such, the legislators stated that Nilepet ought to operate as a national corporation in spirit and character, thus they directed the Minister of Presidential Affairs, Dr. Barnaba Marial, to explore the process of returning the corporation to the Ministry of Petroleum.
“The Nilepet should be returned to the Ministry of Petroleum for policy coordination and execution,” the MPs recommend in the report.
The August House further recommended that Nilepet accounts must be audited annually by the auditor general and urgently tabled its annual budget as well as its financial performance report and work plan to the National Legislature.