Tinubu’s Executive Order will make NNPCL accountable — PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has backed President Bola Tinubu’s Executive Order connected nonstop lipid gross remittance to the Federation Account.

In a connection by a PETROAN spokesperson, Joseph Obele, connected Saturday, the petroleum retailers said the Executive Order would marque the country’s state-owned lipid firm, Nigerian National Petroleum Company Limited, accountable and commercially viable.

President Tinubu had connected Thursday issued an Executive Order stripping NNPCL of respective streams of revenue.

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, had rejected the bid connected the grounds that it would impact jobs.

However, the National President of PETROAN, Billy Gillis-Harry, described the Executive Order arsenic a courageous and reform-driven determination that aligns with planetary champion practices successful fiscal governance.

He noted that compelling NNPCL to remit revenues straight rein...