President Bola Tinubu has charged the Board of the Nigerian National Petroleum Company Limited to be up and doing – as non-performance will not be tolerated under his administration.
The President, who inaugurated the Board of the company in Abuja on Monday, also warned that conduct suggesting a sense of entitlement would not be accepted.
According to a statement by presidential spokesman, Ajuri Ngelale, the President said the Board could be dissolved without prior notice to members over non-performance.
He also urged them to treat corporate social responsibility for the Niger Delta seriously, considering the devastating effects of oil exploration and exploitation on the environment.
The President directed that more attention be given to gas – as Nigeria transitions to cleaner energy.
In his remarks, the Chairman of the Board, Pius Akinyelure, commended the President for the removal of petrol subsidy, noting that the nation would have drowned in debt, but for his decisiveness.