Shell Plc has unveiled plans to inject an estimated $20 billion into Nigeria’s energy sector over the next few years, signalling a renewed vote of confidence in the country’s economic direction. The disclosure was made by Bayo Ojulari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, following a high-level […]
By Abiodun A Oleolo When Bayo Ojulari assumed leadership of the Nigerian National Petroleum Company (NNPC) Limited in April 2025, he inherited more than a corporation. He stepped into a storm defined by falling oil production, chronic revenue leakages, dwindling investor confidence, and the mounting global pressures of energy transition and geopolitical competition. Six months […]
Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has dismissed suggestions of political ambition, insisting his focus remains on reforms to revive Nigeria’s struggling oil and gas sector. Speaking on Thursday while receiving a delegation of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), led by […]
Bayo Ojulari, group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, says the Port Harcourt Refining Company will not be sold—despite speculation following his recent remarks at an international forum. According to the statement released by the company during its ‘wide town hall’ at NNPC Towers in Abuja on Tuesday, Ojulari said […]
Bayo Ojulari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), finally honoured the invitation of the Senate Public Accounts Committee on Tuesday. Ojulari was summoned to respond to 19 audit queries raised by the Office of the Auditor General of the Federation on NNPCL’s financial statements between 2017 and 2023. […]
The Senate has declared that no public office holder — not even President Bola Tinubu — is bigger than the National Assembly. This comes as the upper legislative chamber issued a 24-hour ultimatum to Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), to personally appear before the Senate […]