Reforms in NNPCL Under Ojulari Have Increased Nigerians’ Trust in Current Administration, Says Group

The Centre for Reforms and Good Governance (CRGG) has praised the leadership of Mr. Bashir Bayo Ojulari, the CEO of Nigerian National Petroleum Company Limited (NNPCL), for significantly boosting public confidence in President Bola Ahmed Tinubu's administration. In a statement, the CRGG highlighted how Ojulari's leadership has transformed NNPCL from a loss-making entity into a profitable, investor-ready national asset.

Ojulari has overseen a dramatic rise in upstream output, financial performance, and operational improvements. Notably, in the first half of 2026 alone, NNPCL recorded N19.04 trillion in revenue and N2.28 trillion in profit after tax, with statutory remittances to the Federation Account reaching N6.286 trillion in the same period, climbing to N7.913 trillion by the end of July.

These figures mark a departure from past patterns of irregular transfers and limited disclosure. The group emphasized that Ojulari's disciplined leadership, commercial focus, and commitment to transparency have been instrumental in achieving these results. Key operational gains include maintaining national crude oil production above 1.7 million barrels per day, with peaks reaching 1.73 million barrels per day, and significant advancements in gas production pipelines.

The CRGG concluded that Ojulari's tenure has set a new benchmark for public-sector performance, demonstrating that competent, reform-minded leadership can deliver results that benefit the entire nation.