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NNPC GCEO Praised for Performance and Transparency in Oil Sector

Business1 min read
NNPC GCEO Praised for Performance and Transparency in Oil Sector

The Civil Society Situation Room in Abuja commended NNPC GCEO, Prais Ojulari, for his performance and transparency efforts, noting significant improvements in operational efficiency and revenue growth. NNPC Ltd under Ojulari's leadership achieved record revenue of 45.1 trillion and profit before tax of 5.4 trillion, marking a 64% year-on-year growth.

The company's upstream subsidiary hit a 36-year high in daily crude oil output. Ongoing investments in gas infrastructure and pipeline projects aim to boost production further.

Recommendations include enhanced public engagement and anti-corruption measures. Dr.

Agabi Emmanuel and Bashir Bayo Ojulari's team are credited with restoring confidence in NNPC.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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