The Energy Reforms Advocates (ERA) have applauded President Bola Ahmed Tinubu for removing Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited. The group described this decision as a crucial step toward reforming the nation’s oil industry.
In a statement on Wednesday, ERA President Abdulkadri Isah praised the move. He said it would promote transparency and accountability in the sector.
Group Demands Investigation Into Alleged Fake Refinery Projects
ERA urged authorities to investigate fraudulent refinery projects from former President Muhammadu Buhari’s administration. The group emphasized the need for swift action.
“The government must thoroughly investigate these fake refinery projects. Nigerians deserve to know how officials allocated billions of dollars to non-existent or incomplete projects while the country still relied on fuel imports,” Isah stated.
The organization also called on anti-corruption agencies to act. It warned that failing to hold culprits accountable would weaken future reforms.
“This process must not stop at leadership changes. Authorities must prosecute those who mismanaged funds and deceived the public. Without consequences, corruption will persist,” Isah added.
Hope for a Stronger Oil Sector Under New Leadership
ERA expressed optimism about the NNPC’s future. The group believes the right leadership can rebuild public trust and drive economic growth.
“With competent management, the NNPC can finally undergo meaningful reforms. We expect changes that will boost local refining capacity, attract investment, and reduce Nigeria’s dependence on imported petroleum products,” the statement read.
Kyari’s removal is part of a broader shake-up at the NNPC. The government appointed former Shell executive Bashir Bayo Ojulari as the new GCEO and Ahmadu Musa Kida as the non-executive chairman. This restructuring aligns with Tinubu’s vision of revitalizing the oil sector and increasing crude oil production and refining capacity.
