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Tinubu issues strict warning to new NNPCL members. On Monday, President Bola Tinubu directed members of the Board of Directors of the Nigerian National Petroleum Company Limited to get to work immediately, warning that non-performance would not be tolerated.
Tinubu further warned that actions implying a sense of entitlement will not be permitted, and that the board may be dissolved for non-performance without prior warning to members.
“But you could be dissolved suddenly if there is no sustained excellence in performance,” Tinubu stated at the State House in Abuja when he inaugurated the NNPCL Board.
President Tinubu tells NNPCL Board: Non-performance will not be tolerated,’ said Ajuri Ngelale, Special Adviser to the President on Media and Publicity, in a statement signed Monday.
Tinubu promised to improve the board’s performance by optimizing Nigeria’s security architecture.
“The issue is corporate governance.” We will, indeed, improve the security situation. We are putting forth a lot of effort.
“Sincerely, the Chief Executive Office, Kyari, is doing very well and doing everything that I am aware of.”
“It is an honor for me to inaugurate this Board, which is comprised of people of great integrity.” It is an honor for me that we are doing this. ”I recognize you all,” he said.
Tinubu stated that the board must prioritize corporate social responsibility for the people of the Niger Delta, given the terrible environmental effects of oil exploration and exploitation.
“Niger Delta must be viewed as the goose that lays the golden egg, and we must treat that region with the due respect and care,” he stated.
“It is not too much to ask for a reliable and consistent supply of water, schools, medical facilities, and roads.” It has nothing to do with us. It is about the well-being of the entire country and the nation’s lifeblood.
“We should be more concerned about the environment.” We will increase security to reduce thievery and vandalism.”
As Nigeria converts to cleaner energy, the President instructed that more attention be paid to gas, saying, “We need to show that we are committed to the welfare of our country.”
“Look at the Petroleum Industry Act and know what the pitfalls are,” he added. Cabinet members and the Board of Directors should identify what we can do differently to boost output, profitability, and governance. It is entirely in your hands. I will collaborate with you.”
The Chairman of the Board, Pius Akinyelure, praised the President in his remarks, stating that the nation would have drowned in debt if the President had not been resolute.
“Our primary goal is to increase output.” We must address the issue of pipeline theft and vandalism.