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NNPCL Boss Ojulari Attends Event Amid Resignation Rumors
Nigeria NewsToday's News

NNPCL Boss Ojulari Attends Event Amid Resignation Rumors

Olugbenga Ige
Last updated: August 4, 2025 4:02 pm
Olugbenga Ige
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, attended an event on Monday amid resignation rumours.

PUNCH Online reports that the event was organised by the Society of Petroleum Engineers Nigerian Council.

In a video seen by our correspondent, Ojulari participated in the event virtually, as part of an official assignment.

His appearance comes following speculations that he has resigned from his position at the national oil company.

While there has been no official communication from the presidency or the company, his last official function was a town hall meeting with staff of the company at the NNPCL towers in Abuja.

Recall that the NNPCL rolled out key achievements to mark Ojulari’s first 100 days in office.

Ojulari assumed office on 2 April 2025 following his appointment by President Bola Tinubu. He replaced former GCEO, Mele Kyari, as part of a sweeping overhaul of the company’s board and executive team.

In a performance review released by the national oil company across its social media platforms on Wednesday morning, Ojulari’s administration was lauded for hitting major milestones across upstream partnerships, infrastructure development, energy transition, and corporate governance.

Describing the period as one of “steadfast commitment and forward movement,” the company said the new leadership had delivered strategic wins in profitability, refinery rehabilitation, transparency, and employee welfare.

The post read, “We are pleased to announce a key milestone as NNPC Ltd. progresses under the leadership of the Group CEO, Engr. Bashir Bayo Ojulari.

“The report card is out, and the first 100 days of the Group CEO is a testament to steadfast commitment and forward movement.”

Under Ojulari’s leadership, NNPCL said it has strengthened collaboration with upstream partners, achieved growth in oil and gas production, and ensured 100 per cent pipeline availability, a crucial metric for securing revenue flows.

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