NNPCL Needed Change: ADP Chair Applauds Tinubu For Finally Removing Kyari

The National Chairman of the Action Democratic Party (ADP), Alhaji Yabagi Sani, has described the recent dismissal of Mele Kyari as Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL) by President Bola Tinubu as an action that was long overdue.

Speaking in Abuja on Sunday during an interview with the News Agency of Nigeria (NAN), Sani, a former employee of the defunct Nigerian National Petroleum Corporation (NNPC), noted that many Nigerians had anticipated the move, considering the critical issues plaguing the NNPCL under Kyari’s leadership.

Sani drew a parallel with Tinubu’s earlier removal of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. According to him, many Nigerians had applauded that decision, accusing Emefiele of abandoning his core mandate to pursue political interests.

“In the same vein, people expected the President to take similar decisive action on the NNPCL, which has been a major source of concern for the country,” he said.

The ADP chairman, however, praised Tinubu for his bold economic steps, particularly the removal of fuel subsidy and the floatation of the naira, describing them as long-entrenched challenges that had severely impacted the nation’s economic stability.

Sani further suggested that for the NNPCL to operate effectively, its shareholders should be empowered to choose its management. He also advocated for the company to be listed on the Nigerian Stock Exchange to foster greater transparency and accountability.