Anti-Bribery and Corruption Policy

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Questions and Answers

What is NNPC Limited's stance on bribery and corruption?

Limited restriction on bribery and corruption

Strict prohibition of offering or accepting bribes, and facilitation payments are prohibited (correct)

Encouragement of offering or accepting bribes

Encouragement of bribery and facilitation payments

What is NNPC Limited's expectation regarding relationships with government officials?

Conducting relationships with secrecy and favoritism

Conducting relationships without ethical consideration

Conducting relationships transparently and ethically, without favoritism or nepotism (correct)

Conducting relationships with favoritism and nepotism

What is required of employees when carrying out transactions with government officials?

Carry out transactions without compliance with Nigerian laws

Carry out transactions without regard to ethical principles and Nigerian laws

Carry out transactions in accordance with NNPC Limited's ethical principles and Nigerian laws (correct)

Carry out transactions without any oversight

What is NNPC Limited's requirement for third parties regarding its anti-bribery policy?

Compliance with its anti-bribery policy and undergo due diligence Signup and view all the answers

How should gifts and entertainment given or received be handled by NNPC Limited's employees?

Reported and done with caution to avoid potential conflicts of interest Signup and view all the answers

What types of improper payments does NNPC Limited expect its employees to avoid?

Bribes, facilitation payments, kickbacks, and other improper payments, whether directly or through third parties Signup and view all the answers

What does NNPC Limited strongly prohibit according to the policy?

Facilitation payment Signup and view all the answers

Which of the following is considered a form of corruption?

Receiving bribes from customers Signup and view all the answers

What does the term 'corruption' encompass according to the policy?

Bribery and kickbacks Signup and view all the answers

Who does NNPC Limited prohibit from receiving or giving any form of bribe?

Employees, business partners, contractors, and suppliers Signup and view all the answers

According to the policy, what is the abuse of influence or power for personal gain termed as?

Corruption Signup and view all the answers

What is the inducement of a person to act in a manner contrary to their duty for the gain of the perpetrator considered as?

"Illegal gratuities" Signup and view all the answers

What is included in the examples of corruption according to the policy?

"Receiving and/or paying bribes" Signup and view all the answers

Which of the following activities is prohibited by NNPC Limited with respect to improper payments to government officials?

"Making facilitation payments" Signup and view all the answers

According to the policy, what is considered as economic extortion?

"Forcing payments through intimidation" Signup and view all the answers

What is NNPC Limited committed to achieving and maintaining according to the policy?

"Operations free from bribes and corrupt practices" Signup and view all the answers

According to the policy, what does NNPC Limited comply with regarding improper payments to government officials?

"Compliance with all applicable national and international laws and regulations" Signup and view all the answers

What is prohibited by NNPC Limited either directly or indirectly through its intermediaries and/or representatives?

"Receiving any form of bribe" Signup and view all the answers

Study Notes

NNPC Limited has a strict stance against bribery and corruption: employees are not to offer or accept bribes, and facilitation payments are prohibited.
NNPC Limited promotes ethical standards to business partners, contractors, and suppliers as well.
Relationships with government officials should be conducted transparently and ethically, without favoritism or nepotism.
Employees must carry out transactions with government officials in accordance with NNPC Limited's ethical principles and Nigerian laws.
NNPC Limited requires third parties, including business partners, agents, representatives, contractors, and suppliers, to comply with its anti-bribery policy and undergo due diligence.
Gifts and entertainment given or received should be reported and done with caution to avoid potential conflicts of interest.
NNPC Limited expects employees to avoid bribes, facilitation payments, kickbacks, and other improper payments, whether directly or through third parties.
Political or charitable donations should not be used as a substitute for bribery.
Detected incidents of bribery and corruption will be thoroughly investigated and appropriate disciplinary action taken if the involved parties are found culpable.

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Description

Test your knowledge of NNPC Limited's commitment to anti-bribery and corruption with this quiz. Learn about the company's zero-tolerance policy and its stance on facilitation payments, bribery, and corruption.