Stakeholders Tell Tinubu Resign Now: Over N189 Billion Scandal.

 

Stakeholders and experts in Nigeria’s petroleum industry has called on Mr. Wale Tinubu, Oando Plc boss, to resign, as a result of N189 billion  that got missing right under his watch.

 The loss which was announced last week has raised speculations about Tinubu’s capacity to steer the ship of the oil corporation to prosperous heights especially in this period that oil prices are having a free fall.
Since the disclosure of the monumental loss, rather than do the needful, Tinubu has appeared on national television trying to explain the reasons for the loss. But the subtle image laundering aimed at currying the favor of his company’s shareholders and other stakeholders has however, generated virulent criticisms across the nation’s oil and financial sectors.
Pundits are of the opinion that the Oando boss should have simply towed the honorable path by tendering his resignation letter instead of coming on TV to offer frantic rationalization of the company’s loss while seeking the public’s indulgence for his apparent incompetence at his job.
“The fact that the bulk of the lost money was attributed to administrative expenses is a enough reason for him to go. It’s shameful and insensitive of the Oando boss to hold tenaciously to his position while junketing across the globe on private jet and as a member of President Muhammadu Buhari’s entourage while he bungles his brief as Oando boss.