PWA Supports NNPCL IPO Under Ojulari's Leadership

The People Wellbeing Association (PWA), a prominent human rights advocacy group, has declared its support for Engr Bashir Bayo Ojulari, the Managing Director of the Nigerian National Petroleum Company Limited (NNPCL). The PWA commended Ojulari's leadership and vision in laying the groundwork for a potential Initial Public Offering (IPO) aimed at listing on major global exchanges, including New York and London.

Comrade Abba Abubakar, head of the PWA's communication unit, praised Ojulari's strategic plan to deploy Nigeria's vast gas reserves to attract investors and increase revenue, particularly through the $20 billion Bonga Southwest deepwater development. The PWA highlighted Ojulari's focus on transparency, financial sustainability, and workforce development as key to restoring investor confidence and reforming NNPCL's operations.

Abubakar emphasized that the proposed IPO is central to NNPCL's efforts to reposition itself as a competitive global energy firm, following years of structural inefficiencies and regulatory uncertainties.