The National Chairman of the Action Democratic Party (ADP), Yabagi Sani, has commended the recent removal of Mele Kyari as the Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), describing the move by President Bola Tinubu as “long overdue.â€

President Tinubu recently appointed Bashir Ojulari as the new CEO of NNPCL following Kyari’s exit.

Speaking to journalists on Sunday, Sani, who is a former staff member of the defunct Nigeria National Petroleum Corporation (NNPC), drew parallels to the earlier removal of Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). He noted that many Nigerians had applauded Emefiele’s removal due to his perceived deviation from core duties into political affairs.

The ADP chairman stated that a similar expectation had been held for Kyari’s removal, given that the NNPCL was widely regarded as a significant challenge facing the country.

Furthermore, Sani lauded President Tinubu’s administration for the removal of fuel subsidy and the floatation of the naira, describing these policies as “two cankerworms that had eaten deep into the country’s fabric.â€

He emphasized that for the NNPCL to function effectively, its shareholders should be empowered to decide its management, and the company should be listed on the Nigerian Stock Exchange.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

FIRS Defends Government Borrowing, Highlights Revenue Growth

The Federal Inland Revenue Service (FIRS) has come to the defense of…

Entertainment mogul and Silverfox owner, Big Slim, is redefining entertainment across Africa

When it comes to shaping Africa’s entertainment landscape, Big Slim stands in…

‘Soludo Believes He Is The Wisest Man In The Room’ – Ozigbo

The Labour Party (LP) Anambra State governorship aspirant, Valentine Ozigbo, has accused…

How to Set Limits at bloxgame casino for Responsible Gaming

Responsible gaming is a crucial aspect of the online gambling experience, and…