Oil sector in shambles – APC stakeholders write Tinubu, seek removal of Kyari, 2 others

Some stakeholders within the ruling All Progressives Congress ,APC, under the aegis of the Tinubu Legacy Coalition ,TLC, have called on President Bola Tinubu to remove the heads of the nation’s oil and gas regulatory agencies over alleged failure to effectively manage the sector.

Afinju FM
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The group made the call in a letter to the president, which was jointly signed by Bala Abu, Convener/National President,  Jeremmiah Okino, Co-Convener, Gabriel Gbana, Secretary,  Thomas Terna, Princess Ajibola, and 95 others.

The party stakeholders urged the president to remove Mele Kyari, Gbenga Komolafe, and Farouk Ahmed as heads of the Nigerian National Petroleum Company Limited ,NNPCL, Nigerian Upstream Petroleum Regulatory Commission ,NUPRC, and Nigerian Midstream and Downstream Petroleum Regulatory Authority ,NMDPRA.

Among other issues, the APC group cited the incessant fuel crisis resulting in constant queues at filling stations across the country, pipeline vandalism, and oil theft as part of the failures of Kyari and other officials in the oil sector.

There are also reports that the refinery under the management of the NNPCL in Rivers State has again failed to commence its operations after about six postponements.

The group also alleged that the oil and gas sector’s contribution to the nation’s GDP has dwindled, stressing that the country’s reputation is being tarnished globally.

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