Prof. Iledare: PENGASSAN fights wrong battle over Tinubu's EO
Prof. Emeritus Wumi Iledare criticized PENGASSAN's call for President Tinubu to withdraw his Executive Order on oil revenue remittance, arguing the union directs advocacy toward symbolic confrontations instead of structural reforms. The EO strips NNPC Ltd. of 30% management fees and Frontier Exploration Fund, threatening 4,000 jobs. Iledare insists PENGASSAN should focus on PIA implementation gaps: weak regulatory boards, governance failures, and institutional sequencing challenges undermining investor confidence. He warns sustainable reform requires strengthening institutions and enforcing the PIA in letter and spirit, not fighting battles that cannot be won while foundational issues persist.