The new Group Chief Executive Officer of NNPC Ltd, Bashir Ojulari, has pledged to pursue the company’s bold ambitions and transform it into an institution that will be the pride of all Nigerians.
Ojulari made this known during a town hall meeting with thousands of NNPC staff at the company’s headquarters in Abuja on Thursday, marking his first official engagement since assuming office.
Describing the opportunity to lead NNPC Ltd. as a “huge honour and responsibility,” Ojulari said the company stands at a critical juncture in Nigeria’s energy journey.
“We stand at the gateway of a new era one that demands courage, professionalism, and a relentless drive for excellence. The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater. Now is the time to turn our transformation promise into performance,” he told staff.
Outlining his ambitious agenda, Ojulari revealed that under his leadership, NNPC Ltd. is aiming to attract $30 billion in sectoral investments by 2027 and $60 billion by 2030.
He also set production targets to raise crude oil output to over 2 million barrels per day through 2027 and 3 million by 2030; expand refining output to 200,000 barrels per day by 2027 and 500,000 barrels per day by 2030; grow gas production to 10 billion cubic feet per day by 2027 and 12 billion by 2030; and deepen energy access and affordability across Nigeria.
To deliver on these targets, he said the company will reconfigure its business structure for agility and value creation, enforce a robust performance management system, build transparent stakeholder partnerships, conduct independent value assessments, and most importantly, take charge of its narrative.
“These targets are not just metrics,” Ojulari stressed.
“They are indicators of hope, jobs, industrial growth, and energy security for millions of Nigerians,” he added.
He described NNPC Ltd. as a renewed, forward-facing and future-ready organisation leading Nigeria’s energy transformation.
“It’s time we tell our story one of innovation, reform, and national pride,” he said.
Ojulari called on staff to take pride in the company’s transformation and emphasized that the journey to becoming a fully-fledged limited liability company would require a collective drive to make NNPC more transparent, profitable, and accountable.
“We will provide the best combination where the experienced and the young will both thrive towards achieving our set targets,” he added, pledging to create an enabling environment for employees to outperform competitors.
He further committed to strengthening ties with the company’s internal and national unions to build a trust-based relationship founded on mutual respect and shared purpose.
“We recognize that our greatest asset is our people. Our success will be powered by empowered employees. As such, we are fully committed to creating a workplace where everyone is valued, motivated, and inspired to thrive.
“Together, we will build a high-performing, globally competitive NNPC Ltd that is proudly Nigerian and proudly world-class,” Ojulari concluded.
