The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked President Bola Tinubu to recall the executive order (EO) that stripped the Nigerian National Petroleum Company (NNPC) Limited of its oil revenue deduction powers.
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On February 18, Tinubu signed an EO for the direct remittance of oil and gas revenues to the federation account allocation committee (FAAC).
Speaking during a press briefing on Thursday, Festus Osifo, national president of PENGASSAN, said the EO was a “direct attack” on the Petroleum Industry Act (PIA).
Source:thecable.ng
