President Bola Tinubu has charged the Nigerian National Petroleum Company (NNPC) Limited to ensure it takes its corporate social responsibility seriously, as there will be consequences for any slack observed.

While inaugurating the NNPCL Board at the State House, Abuja, the President also warned that conducts suggesting a sense of entitlement will not be tolerated and that the Board could be dissolved without prior notice to members over non-performance.

Pius Akinyelure was appointed non-executive board chairman, while Umar Ajiya was retained as the chief financial officer (CFO.

Also retained was Mele Kyari as the group chief executive officer (GCEO).

The president said the board comprises “people with integrity, charging them on efficiency.

He also assured that the government will work in concert with the NNPCL to improve the fortunes of the oil sector.

On his part, the Chairman of the Board, Chief Pius Akinyelure, commended the President for removing the petrol subsidy, noting that the nation would have drowned in debt but for his decisiveness.

He promised the board would deliver the desired result.