Ojulari Era Ushers in Bold Reforms at NNPC Ltd, Sparks Optimism Across Sector
Abuja, Nigeria – April 15, 2025 — A new chapter has begun at NNPC Ltd under the dynamic leadership of Mr. Bashir Bayo Ojulari, whose recent appointment as Group Chief Executive Officer has ignited renewed optimism across Nigeria’s energy landscape.
Just weeks into his tenure, Mr. Ojulari has already outlined a bold transformation agenda, including plans to attract over $60 billion in new investments by 2030, increase oil production to 3 million barrels per day, and expand refining capacity to 500,000 barrels per day. He also aims to triple gas supply to 12 billion cubic feet per day, supporting Nigeria’s push for energy diversification and industrial growth.
During a well-attended townhall in Abuja, Ojulari unveiled a vision anchored in operational excellence, digital transformation, and performance-based leadership. His focus on accountability, efficiency, and transparency signals a clear break from the past.
Industry insiders have lauded his rise as timely and strategic, crediting President Bola Ahmed Tinubu for selecting a leader with both institutional memory and modern managerial prowess. “This is not just a managerial appointment; it is a defining moment for Nigeria’s economic sovereignty,” said one analyst.
NNPC Ltd’s restructuring efforts under Ojulari include a leaner organizational model, more agile decision-making processes, and greater emphasis on partnerships built on integrity and shared value. Early investor response has been positive, with renewed interest from both local and international stakeholders.
As NNPC repositions itself as a commercial entity, Ojulari’s leadership is being seen as a turning point in making the company a model for corporate governance, energy innovation, and national pride.