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NNPCL Code of Conduct_Political Contributions.pdf

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NNPC Limited Code of Conduct e) Be aware of the potential conflicts which may arise as a result of accepting gifts or hospitality. f) Understand local customs for the giving and receiving of gifts, entertainment, and benefits. g) Exercise good judgement in line with NNPC Limited’s core values when...

NNPC Limited Code of Conduct e) Be aware of the potential conflicts which may arise as a result of accepting gifts or hospitality. f) Understand local customs for the giving and receiving of gifts, entertainment, and benefits. g) Exercise good judgement in line with NNPC Limited’s core values when deciding what gifts are reasonable to give or accept. h) Recharge the costs of an NNPC Limited hospitality event to the relevant business budget to maintain business ownership. i) Do not accept gift vouchers irrespective of the monetary value as it is considered a cash equivalent. j) Do not be embarrassed to decline any offer. Referring to the NNPC Limited policy in cases when offers exceed the value allowed by the policy. This will be understood by the business counterparty who in most cases will be subject to similar rules. k) Ensure you do not give or receive gifts, hospitality, or favours that you would feel uncomfortable explaining to your work colleagues, your family or the media. l) You must not differentiate between giving and receiving of gifts and hospitality directly or via an intermediary. m) When in doubt, consult GRC for guidance. 7 Political Contributions NNPC Limited does not make donations (neither monetary nor otherwise) to political parties; organizations; causes or their representatives. Also, we will not direct our employees to exercise their constitutional right to vote in favour of any political party or political figure. 30

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