Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC) Limited, Mr Bayo Ojulari, has vowed to pursue the company’s bold ambitions and build it to become the pride of all Nigerians.
He made the pledge during his maiden meeting with the staff of the company, few days after assuming duties as the NNPC GCEO.
Ojulari, during a town hall meeting held at the NNPC Towers in Abuja, on Thursday, said it was a huge honour and responsibility to lead the NNPC Ltd, describing it as an entity that means a lot to Nigeria and its future.
“We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence.
“The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater. Now is the time to turn our transformation promise into performance,” Ojulari told thousands of the NNPC staff.
Unveiling his agenda, Ojulari said NNPC, under his stewardship, aimed to attract sectoral investments worth $30 billion by 2027 and $60 billion by 2030; raise crude oil production to over two million barrels per day, sustained through 2027 and attain three million by 2030;
Expand refining output to 200kbpd by 2027, and 500kbpd by 2030; grow gas production to 10bcf per day by 2027, and 12bcf by 2030 and deepen energy access and affordability for all Nigerians.
“To achieve these targets, the company will be focusing on reconfiguring its business structure for agility and value creation; conducting independent value assessments to inform data-driven decisions;
“Enforcing a robust performance management framework; building transparent, value-aligned partnerships with all stakeholders and most critically, taking control of its narrative,” he said.
Explaining the criticality of pursuing the NNPC Ltd bold ambitions, the GCEO said the targets were not just metrics, but indicators of hope, jobs, industrial growth, and energy security for millions of Nigerians.
Ojulari described NNPC Ltd as “a renewed, forward-facing, and future-ready organisation that is proudly leading Nigeria’s energy transformation.”
He further declared: “It is time we tell our story—one of innovation, reform, and national pride.”
He charged the staff to be proud of the recent transformation of the NNPC Ltd, stressing that the next journey to becoming a fully-fledged limited liability company will require the collective drive towards making it more transparent, profitable and accountable.
The GCEO pledged to give all employees the space to be able to outperform competitors. “We will provide the best combination where the experienced and the young will both thrive towards achieving our set targets,” he assured.
He said his Management will deepen collaboration with the NNPC in-house and national unions to build a stronger, trust-based relationship that reflects shared purpose and mutual respect.
He however called on all staff to lead with integrity, act with urgency, while bringing their very best to the table.
“We recognise that our greatest asset is our people. Our success will be powered by empowered employees. As such, we are fully committed to creating a workplace where everyone is valued, motivated, and inspired to thrive.
“Together, we will build a high-performing, globally competitive NNPC Ltd that is proudly Nigerian and proudly world-class,” Ojulari concluded.
