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NNPCL Board: Pay more attention to Nigerians’ welfare, no room for non-performance ─Tinubu

President Bola Ahmed Tinubu, GCFR, in a Group Photograph with the Newly-Inaugurated Board of NNPC Limited

*President Bola Ahmed Tinubu inaugurates the new Boad of the Nigerian National Petroleum Company Limited, directing members show more commitment to welfare of Nigerian consumers, and greater attention to gas as the country transitions to cleaner energy regime

Gbenga Kayode | ConsumerConnect

President Bola Ahmed Tinubu Monday, December 18, 2023, inaugurated the new Boad of the Nigerian National Petroleum Company Limited (NNPCL), warning members that non-performance would not be tolerated.

Chief Ajuri Ngelale, Special Adviser to the Preisdent on Media and Publicity, in a statement issued Monday noted President Tinubu said the newly-inaugurated Board in the Presidential Villa, Abuja, FCT, could be dissolved without prior notice to members over non-performance.

Tinubu stated: “You could be suddenly dissolved if there is no sustained excellence in performance.”

On development of Niger Delta region

President Tinubu also emphasised the Corporate Social Responsibility (CSR) for the Niger Delta must be taken seriously, in view of the devastating effects of oil exploration and exploitation on the environment in the region of the West African country.

He said: “Niger Delta must be seen as the goose that lays the golden egg, and we must treat that region with the deserved respect and care.

“It is not asking for too much to ensure quality and constant water supply, schools, medical facilities, and roads.

“It is not about us. It is about the well-being of the entire country and the lifeblood of the nation. We should care more about the environment. We will do more for security to minimise stealing and vandalisation.”

Gas resources and Nigeria’s transition to clean energy

The President further directed that more attention should be given to gas as Nigeria transitions to cleaner energy.

Tinubu noted: “We need to show that we are committed to the welfare of our country. Take a look at the Petroleum Industry Act (PIA), and know what the pitfalls are.

“The Cabinet members and the Board should decide what we can do differently for production increase, profitability and governance. It is in your hands. I will work with you.”

Speaking after the inauguration, Pius Akinyelure, Chairman of the NNPCL Board, commended the President on the removal of petrol subsidy.

Akinyelure  observed that the country would have drowned in debt, but for the President’s decisiveness to have announced May 29, 2023, in Abuja, that “subsidy is gone.”

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