News Investigators/ A University don and Head of the Economic Department at Covenant University, Ota, Ogun State,. Evans Osabuohien, has called for the probe of the Nigerian National Petroleum Corporation Limited (NNPCL), even as he commended President Bola Tinubu for removing both the Chairman, Board and Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited.
Mr. Osabuohien, professor, said the sacking of the NNPC board was a right step in the right direction, adding however that the move should not stop there. “There is the need for a holistic probe of that sector,” he said.
The Presidency, in a statement by its spokesman, Bayo Onanuga, had on Tuesday in Abuja announced the immediate removal of the Company’s Chairman, Pius Akinyelure and the GCEO, Mele Kyari.
Agency report quoted the Economist as saying that the NNPC had been recording losses since the past two years when it became a private company.
He suggested that the Federal Government should make NNPC a public liabilities company so that there would be a board of directors which would be responsible to the public.
“This will make the sector vibrant and be contributing positively to the economy and generating employment opportunities in the country,” he said.
Mr. Osabuohien also urged the Federal Government to look into the recent conflict between the NNPC and Dangote Group.
Mr. Osabuohien said sacking the NNPC board would help to check sharp practices in the petroleum sector.
The President had instead replaced Akinyelure and Kyari with Ahmadu Kida and Bayo Ojulari respectively.(NAN)
