GCEO NNPC Ltd, Engr. Bashir Bayo Ojulari in a chat with Vimbai Mutinhiri-Ekpenyong, during a fireside chat themed “Securing Nigeria’s Energy Future at NIES 2026”, at the ongoing Nigeria International Energy Summit (NIES) 2026 in Abuja, on Wednesday.
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has announced that the company is actively engaging partners with proven expertise in refining and petrochemical operations to develop sustainable, self-financing, and profitable solutions for its refineries.
Ojulari made the disclosure during a fireside chat themed “Securing Nigeria’s Energy Future at NIES 2026” at the ongoing Nigeria International Energy Summit (NIES) 2026 in Abuja on Wednesday.
The GCEO explained that, historically, refinery projects focused primarily on financing and engineering, procurement, and construction (EPC) delivery. NNPC Ltd, however, is shifting its strategy toward operational excellence and long-term sustainability.
“Getting refineries up and running requires three critical elements: financing, a competent EPC contractor, and world-class operational capacity. That is exactly our focus at the moment,” Ojulari said.
He further noted that the company is now better positioned for commercial viability and sustained profitability, fueled by a comprehensive transformation agenda designed to secure Nigeria’s energy future.
On improvements in crude oil theft reduction and pipeline availability, Ojulari credited strengthened collaboration with upstream operators, saying that renewed engagement and trust have significantly enhanced investor confidence, commercial outcomes, and operational productivity.
Andy Odeh, Chief Corporate Communications Officer at NNPC Ltd, highlighted that the current leadership adopted a fundamentally different engagement model with partners, prioritizing system improvements and win-win outcomes in production acceleration and contracting.
Ojulari also highlighted the Federal Government’s role in mitigating security challenges in the Niger Delta through structured surveillance frameworks, including AI-enabled monitoring and deployment of security personnel. He noted that these measures have stabilized operations, ensured consistent production, and deepened collaboration with host communities through targeted Corporate Social Responsibility (CSR) initiatives addressing key social issues.
Speaking on the recently launched NNPC Ltd Gas Master Plan 2026, Ojulari emphasized the company’s focus on creating in-country value through gas utilization initiatives. He described the plan as a customer-driven strategy designed to stimulate market growth and shared prosperity, aligning closely with the Federal Government’s Decade of Gas Initiative, which positions gas as a pillar of economic growth, industrialization, and energy transition.
On governance and leadership, Ojulari commended President Bola Ahmed Tinubu, GCFR, for including industry experts on the NNPC Ltd Board and Senior Management Team, describing it as a strategic move that strengthens commercial discipline and global competitiveness. He added that the combination of internal expertise, international experience, and a highly skilled workforce positions NNPC Ltd as a commercially viable, performance-driven national energy company that stakeholders can be proud of.
NNPC Ltd CEO Bashir Ojulari announces engagement with partners with proven refining expertise to revamp Nigeria’s refineries, boost profitability, and drive sustainable energy growth aligned with the Decade of Gas Initiative.
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