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Tinubu Charges NNPC Board to Boost Nigeria’s Economy

President Bola Tinubu has charged the newly inaugurated NNPC Limited Board to leverage their expertise in accelerating Nigeria’s economic reforms.

At the State House in Abuja on Thursday, Tinubu emphasized the importance of the board’s role in consolidating gains made in recent reforms that have boosted Nigeria’s economic resilience and competitiveness.

“When I started searching, it took a while to come up with the kind of character that you represent. You represent the best in the industry, and I have set goals for you,” Tinubu said. “You have the reputation, resourcefulness and experience to help the country. It is a call to duty for you.”

The President noted the growing recognition of Nigeria’s progress, stating, “Nigeria has come of age. It is now more competitive and turning the corner, and with your highly respected team, I can relax and attend to other issues.”

Tinubu urged the board to focus on internal solutions amid global economic volatility, adding, “Explore all options for a win-win situation for Nigeria. I am so proud of you and believe you will succeed.”Minister of State for Petroleum, Heineken Lokpobiri, praised the team as “the best in Africa,” highlighting international expectations.

Chairman of the Board, Ahmadu Musa Kida, promised leadership grounded in “courage and integrity” to fulfill the President’s mandate.NNPC’s Group CEO, Bashir Bayo Ojulari, reported progress since taking office, with production rising from 1.5 million to 1.7 million barrels in two months and a goal of 1.9 million barrels by year-end.

“We will promise what we can deliver, and we will deliver on our promise,” he assured, also pointing to the positive impact of the economic reforms in attracting foreign investments.

The new NNPC board begins its mission with a firm commitment to operate as a business and drive Nigeria’s economy forward.