NNPC CEO Ojulari highlights one-year progress in mandate report

Abdullateef Fowewe

Group CEO of Nigerian National Petroleum Company Limited, Bashir Bayo Ojulari, has celebrated a year of “steady progress,” framing the company’s achievements as a direct accountability to Nigerians amid pushes for a sustainable energy future.

In the One Year Mandate Report Summary for April 2025–April 2026, Ojulari in a post on X, emphasised measurable gains across key areas.

Oil production hit 1.71 million barrels per day (bpd)—a five-year high—while the company completed critical gas infrastructure projects and advanced refinery joint ventures, including equity stakes in the Dangote Refinery.

Financial milestones stood out, with full remittances resuming to the Federation Account, monthly performance reporting, and transparency drives.

Partnerships like the OML 118 BSWAP deal and tripartite gas MoUs bolstered these efforts.

The report also spotlights organisational reforms under the “Fit4Future” initiative, featuring new hires, the Women in NNPC program, and a restructuring aimed at global competitiveness.

Ojulari wrote, “Over the past year, we have delivered steady progress against our mandate, with measurable results across production, financial performance, infrastructure, and organisational culture.

“But this is more than a report on targets met. It is a statement of accountability to every Nigerian.

“At NNPC Limited, we are committed to leading with purpose—putting our best foot forward to build a more prosperous and sustainable energy future for our country.”