By Ayomide Otitoju
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has outlined a series of key achievements to mark the first 100 days in office of its new Group Chief Executive Officer, Engr. Bashir Bayo Ojulari.
In a statement released via its social media platforms on Wednesday, the company credited Ojulari’s administration with major progress in upstream partnerships, infrastructure delivery, energy transition, and internal reforms.
Ojulari took over as GCEO on April 2, 2025, following his appointment by President Bola Tinubu. He replaced former GCEO Mele Kyari amid a broad leadership overhaul at the national oil company.
“The first 100 days of the Group CEO is a testament to steadfast commitment and forward movement,” NNPCL stated, highlighting strategic wins in profitability, refinery rehabilitation, transparency, and employee welfare.
According to the review, Ojulari’s tenure has been marked by strengthened collaboration with upstream partners, increased oil and gas production, and 100% pipeline availability — a critical factor in maintaining stable revenue flows. Timely cash call payments have reportedly enhanced operational efficiency and partner confidence.
Refinery rehabilitation also remains a priority. Ojulari’s team is currently undertaking comprehensive technical and commercial reviews aimed at long-term, value-driven solutions.
“We are fixing the engine while moving,” the company said, adding that all options — including potential sales of refineries — remain on the table pending the outcome of ongoing reviews.
NNPC Ltd. also underscored its commitment to clean energy, citing the donation of 35 compressed natural gas (CNG) buses to the Presidential Initiative on CNG as part of efforts to reduce emissions and promote affordability.
In terms of infrastructure, the company reported the completion of the River Niger Crossing, a key section of the Ajaokuta–Kaduna–Kano (AKK) gas pipeline.
After a years-long gap, NNPCL has resumed publishing monthly financial and operational reports, showing that ₦6.96 trillion has been remitted to the Federation Account in the first five months of 2025. The company also reported a post-tax profit of ₦905 billion for June, down from ₦1.05 trillion in May.
Internally, Ojulari’s leadership has focused on improving staff welfare, closing benefit gaps, and driving a performance-based culture. The company is also implementing cost-cutting measures and commercial reforms in line with the Petroleum Industry Act.
“We are saying ‘No’ to value loss,” the statement declared. “Every Naira must count.”
