New Group Chief Executive Officer of NNPC Ltd, Mr. Bashir Bayo Ojulari, has pledged to pursue bold targets that will position the company as a world-class, globally competitive national energy champion. Speaking during a townhall meeting with staff at the NNPC Towers in Abuja on Thursday, Ojulari outlined a vision of transformation, investment, and national pride.
Addressing thousands of employees, Ojulari described his appointment as a “huge honour and responsibility,” stressing the importance of NNPC Ltd in Nigeria’s future. “We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence,” he said. “Now is the time to turn our transformation promise into performance.”
Ojulari unveiled an ambitious growth plan which includes attracting $30 billion in investments by 2027 and $60 billion by 2030. He also set targets to raise crude oil production to over 2 million barrels per day by 2027 and 3 million by 2030, expand refining capacity to 500,000 barrels per day, and grow gas output to 12 billion cubic feet per day by 2030.
To achieve these targets, Ojulari said NNPC Ltd will reconfigure its business structure, enforce performance metrics, foster data-driven decision-making, and deepen partnerships with stakeholders. “These targets are not just metrics but indicators of hope, jobs, and progress,” he said.
He called on staff to embrace transparency and innovation, while emphasizing the value of employee empowerment. “Our success will be powered by empowered employees,” he said. “Together, we will build a high-performing, globally competitive NNPC that is proudly Nigerian.”
Ojulari also pledged closer collaboration with staff unions, a commitment to workplace inclusivity, and support for both experienced and younger professionals. “We will provide the best combination where the experienced and the young will thrive,” he assured.
The new CEO concluded by urging employees to lead with integrity and urgency, promising to make NNPC a source of national pride.
