Insiders: Ojulari Never Awarded Oil Blocks, Has No Statutory Role in Licensing
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, neither awarded nor participated in the award of any oil block or marginal field, industry
Nigerian National Petroleum Company Limited (NNPC) Group Chief Executive Officer Bayo Ojulari is being falsely accused of awarding oil blocks and possessing a statutory role in the licensing process, according to industry insiders. These insiders strongly deny the allegations, stating that Ojulari and NNPC have no authority to allocate oil blocks or issue petroleum licenses in Nigeria.
They emphasize that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) oversees upstream licensing, while the Minister of Petroleum Resources grants Petroleum Prospecting Licences (PPLs). The insiders believe the allegations are a deliberate attempt to discredit Ojulari and force him from office, highlighting the opposition from powerful interests threatened by NNPC's reform programme.
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