NNPCL's Ojulari Boosts Trust in Tinubu's Administration
The Centre for Reforms and Good Governance (CRGG) praised Engr. Bashir Bayo Ojulari, the group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), for his transformative leadership since his appointment on April 2, 2025. The CRGG stated that the reforms implemented under Ojulari have significantly increased public confidence in President Bola Ahmed Tinubu’s administration.
In a statement by executive director Maxwell Onazi, Ojulari’s tenure has been marked by improvements in upstream production, financial performance, and transparency. The CRGG reported that NNPCL generated ₦19.04 trillion in revenue and ₦2.28 trillion in profit after tax in the first half of 2026, with statutory remittances to the Federation Account reaching ₦6.286 trillion.
By July, this amount climbed to ₦7.913 trillion, including a single-month payment of ₦1.627 trillion. These figures indicate a departure from previous irregularities, showcasing NNPCL as a profitable entity under Ojulari’s leadership.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
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