President Bola Tinubu has issued a stern warning to the Board of the Nigerian National Petroleum Company Limited (NNPCL), emphasizing zero tolerance for non-performance and a rejection of any sense of entitlement.
Inaugurating the Board at the State House, Tinubu highlighted the possibility of abrupt dissolution in the absence of sustained excellence.
Emphasizing corporate social responsibility for the Niger Delta, he underscored the region’s significance, urging quality infrastructure in water supply, education, healthcare, and roads.
Tinubu urged a heightened focus on gas as Nigeria shifts towards cleaner energy, emphasizing commitment to national welfare.
Referencing the Petroleum Industry Act (PIA), he called for innovative approaches to enhance production, profitability, and governance.
Board Chairman Pius Akinyelure praised the President for removing the petrol subsidy, acknowledging it as a decisive move preventing excessive debt.
