The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, has reaffirmed the company’s strategic importance to Nigeria’s economy in his New Year message to staff.
In the address circulated across the organisation, Ojulari said 2025 tested NNPC’s capacity for disciplined execution, pointing to record-breaking oil production as evidence of operational maturity.
He announced that Exploration and Production achieved 355,000 barrels of oil per day — the highest level since 1989 — strengthening national revenue flows.
Ojulari listed key milestones, including the start-up of Madu First Oil, optimisation of the Soku Pipeline, the Akpo West project, and the commissioning of the Gbaran Nodal Compression Train.
He also highlighted major infrastructure achievements, such as the ANOH-OB3 pipeline and the AKK River Niger crossing.
The GCEO said NNPC Retail expanded into the West African market with its lubricant brand, Oleum, and disclosed that the company hosted its first-ever Group Earnings Call to announce audited 2024 financial results.
Ojulari noted improved employee welfare, the recruitment of 1,000 young professionals, and new governance frameworks to boost efficiency and accountability.
He credited staff for sustaining momentum under pressure and reaffirmed commitment to the Presidential Mandate on production growth in 2026.
Ojulari added that NNPC’s mission goes beyond profit, describing the company as a cornerstone of Nigeria’s economic future.
He assured that execution excellence, profitable growth, partnerships and an enterprise-first mindset will guide the company’s next phase.
