Dare Idowu

[Bashir Bayo Ojulari - BBO @BBOjulari]

𝐖𝐞 𝐝𝐨𝐧'𝐭 𝐭𝐚𝐥𝐤 𝐚𝐛𝐨𝐮𝐭 𝐢𝐭. 𝐖𝐞 𝐬𝐡𝐨𝐰 𝐢𝐭.

✦ Books open.
✦ Monthly reports — unprompted, unfiltered.
✦ $24bn in investments confirmed.
✦ Remittances to the Federation Account — reinstated since July 2025.
✦ Now a 100% commercial company.

To Nigerians: this company belongs to you.
To the world: the new NNPC Limited is ready.

We are not asking for trust. We are earning it, daily. 🌍🇳🇬
#FitForFuture #NNPCLtd #NigeriaEnergy

[Liverpool FC @LFC]

Welcome to the Reds, Andoni 👋

[NNPC Limited @nnpclimited]

PUBLIC ANNOUNCEMENT

NNPC Limited is delighted to announce the successful conclusion of its recruitment exercise, which was conducted with utmost fairness, transparency, and rigor, and is highly regarded as one of the best in the country.

Following this completion, successful candidates will be receiving their appointment letters.

We express our sincere gratitude to all applicants who participated in the process. We are hopeful that those who were not selected this time will look forward to future opportunities with NNPC Limited.

We continue to uphold our commitment to excellence and equal opportunity in our hiring processes as we strive to build a world-class energy company.

Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja

February 17, 2025

[Dare Idowu @idowudd]

Do you remember when you joined X? I do! #MyXAnniversary

[NNPC Limited @nnpclimited]

Former GMDs Commend PHRC Transformation, Call on NNPC Limited to Revive Warri and Kaduna Refineries.

Praise the Modernization of the 1965 Facility into a State-of-the-Art Plant as a Significant Achievement.

#PHRCIsLive
#EnergyForToday
#EnergyForTomorrow

[Femi Soneye @FM_Soneye]

The estimated prices are based on negotiated terms between NNPC Ltd and Dangote Refinery which recognize the current international gasoline prices and the prevailing forex rate in line with PIA provisions.

[NNPC Limited @nnpclimited]

PRESS RELEASE

OVH Acquisition: The Facts, by NNPC Ltd

The attention of NNPC Ltd. has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar.

In the statement, the former Vice President was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current President".

He was also quoted to have listed the retention of Mr. Mele Kyari as the Group Chief Executive Officer of NNPC Ltd as a compensation for the alleged acquisition of NNPC Retail Ltd. by OVH in which he claimed Mr. Wale Tinubu held 49% stake.

He further alleged that the NNPC Retail Ltd—OVH acquisition deal was part of a grand scheme by President Bola Ahmed Tinubu to integrate his personal business interests into Nigeria’s public enterprises at the federal level.

NNPC Ltd. wishes to set the records straight with the following facts:

1. We are a commercially-focused and profit-driven company managed by professionals who are committed to adding value to the nation.

2. Investment decisions by NNPC Ltd. Management are strictly determined on the basis of commercial viability and national interest.

3. At the time NNPC Ltd. acquired OVH in 2022, Oando (in which Mr. Wale Tinubu has equity interest), had fully divested its equity in OVH to the other partners – Vitol and Helios. Oando actually began its divestment in 2016, with Vitol and Helios coming in as equity partners, leading to the change of name from Oando to OVH. In 2019, Oando fully divested its equity interest in OVH resulting in Vitol and Helios holding 50% equity interests, respectively.

4.Upon acquisition of OVH by NNPC Ltd, both NNPC Retail Ltd. and OVH effectively became subsidiaries of NNPC Ltd. However, based on professional advice and sound commercial considerations, NNPC Ltd. opted to merge NNPC Retail Limited into OVH, and thereafter retain NNPC Retail Limited as the company name post-merger.

5. The first step of merging NNPC Retail Ltd. into OVH has been completed and the post-merger renaming as NNPC Retail Ltd. is ongoing.

6. Contrary to the false alarm raised, neither Wale Tinubu nor the President has any interest in the OVH acquisition.

7. As a businessman, the former Vice President should know that effectiveness in business leadership is best measured by balance sheets and bottom lines rather than pedestrian considerations.

8. The management of NNPC Ltd., under the leadership of Mr. Mele Kyari, has done very well in growing the company’s fortunes as shown in the 2023 Audited Financial Statement (AFS), where it reported N3.3 trillion as profit after tax.

9. NNPC Ltd. as a commercial entity is devoid of political interest and shall continue to conduct its business full of commitment to national interest and value creation for the benefit of all stakeholders. NNPC Ltd. shall resist any attempt to draw its Board and Management into partisan politics.

Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja

22 August, 2024

[NNPC Limited @nnpclimited]

NNPC Limited Announces Record N3.3 Trillion Net Profit for 2023.

[NNPC Limited @nnpclimited]

PRESS RELEASE

NNPC Releases 2023 Audited Financial Statement
…Posts N3.3trn Net Profit, Declares N2.1trn Dividend
...Targets 2mbpd Crude Oil Production by Dec 2024

The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023, an increase of over N700 billion (28%) when compared to the 2022 profit of N2.548 trillion.

In a world press conference held at the NNPC Towers in Abuja on Monday, the Chief Financial Officer of the Company, Mr. Umar Ajiya said the release of the AFS is a testament to the Company’s commitment to transparency and accountability.

“Our fiscal performance reflects both strategic foresight and operational resilience. Despite inherent challenges of our operational and economic environment, we have improved the productivity and the financial performance of this great company,” Ajiya stated.

Ajiya added that posting such impressive returns demonstrates NNPC Ltd’s commitment to sustaining profitability and supporting the attainment of national energy security as stipulated by the Petroleum Industry Act (PIA) 2021, and by extension, as expected by the Company’s shareholders.

Explaining that the NNPC Ltd. will announce its Initial Public offer (IPO) once the shareholders and Board make a decision, Ajiya also debunked claims on subsidy payment, saying the Company was only taking care of PMS importation shortfall between it and the Federation.

Speaking earlier at the press conference, the Chairman of the NNPC Ltd. Board, Chief Pius Akinyelure said that the excellent performance came as the fruit of the PIA 2021, and the commitment of the Board, Management and staff of the company.

Akinyelure added that the shareholders of the company have since approved a final dividend of N2.1trn in line with PIA 2021 provisions.

In her remarks at the briefing, the Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan said with improvements witnessed as a result of the renewed vigour in the war against crude oil theft and pipeline vandalism, NNPC Ltd. is targeting 2million barrels per day crude oil production by the end of the year.

On the current fuel queues in parts of Lagos and the FCT, the Executive Vice President, Downstream, Mr. Dapo Segun appealed for understanding from Nigerians, saying that the Company is working with relevant stakeholders to address the distribution, evacuation and logistics challenges.

It would be recalled that in 2021, NNPC declared a profit in its operations for the first time. From a loss position of N803 billion in 2018, it reduced the loss further down to N1.7 billion in 2019.

However, in 2020, it posted its ‘first ever’ profit of N287 billion, then in 2021, it recorded a N674.1 billion profit and in 2022, the profit grew to N2.548 trillion, an unprecedented achievement in its financial performance. The N3.297 trillion profit declared for 2023 is the highest since the Company’s inception, 46 years ago.

Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja

19th August, 2024

[Mele Kyari, OFR @MKKyari]

Was honored with a royal sword by the Deji of Akure Kingdom. A profound gift, from his grace, humbled by the deep thoughts, fulfilling to be associated with Chief Pius Akinyelure and my Aburo Lekan. Grateful to his Majesty, Kabiyesi, the Deji of Akure Kingdom

[NNPC Limited @nnpclimited]

"Four years down the line, the experience here at NNPC Ltd. has been nothing short of life-changing."

This can also be you when you join us. Visit https://t.co/K9Mdw8Efc9 to apply.

Application closes on August 20, 2024.

#EnergyForToday
#EnergyForTomorrow

[Bashir Ahmad, OON @BashirAhmaad]

“We are faithful, loyal and committed to the progress and development of this country. We are Nigerians; we are not lying to this country, and it’s our duty to protect the overall interests of this country.” The GCEO of the NNPC @MKKyari while addressing members of the National Assembly.

[NNPC Limited @nnpclimited]

WE ARE HIRING!

Are you passionate about building an exciting career in NNPC Limited?

Please visit https://t.co/K9Mdw8Efc9 to apply.

#EnergyForToday
#EnergyForTomorrow

[NNPC Limited @nnpclimited]

Drive time Top Up!

As our valued customer, you are the spark that fuels our passion for excellence! Visit any of our selected NNPC Retail stations and stand a chance to win FREE FUEL.

Remember to use the hashtag #DriveTimeTopUp to share your experience.

#EnergyForToday
#EnergyForTomorrow

[NLNG @officialnlng]

NLNG seeks to engage suitably qualified candidates for employment into the following position on Fixed Term Contract basis: SHIFT NURSE (CMO/2024)
All interested candidates should log on to https://t.co/sNVGr6ImxW
Application deadline is 15th May 2024.
#nlng
#jobseeker

[Overrated Talaka @hadjimart1]

Watch and share to your people that use waterways for safety and how to use life jackets if accident happens @TalktoLaswa

[Yinka Ogunnubi @yinkanubi]

It's D-Day.

If you are yet to register, you can still do that now.
https://t.co/4lO2Ko3hTA

See you at 11am

[NMDPRA @NMDPRA_Official]

NMDPRA hosts Nigerian Gas Network Code Stakeholders for the 2023 Second Half Reconciliation of Gas Traded on the Nigerian Domestic Market. It was attended by gas producers, suppliers, transporters, and off-takers.

[Anfield Express @AnfieIdExpress]

No Liverpool fan should have only a few hundred followers - we've got millions of LFC daily active users on Twitter!

Over 71k people follow me who are mostly Liverpool fans!

Give me a follow, Retweet and drop YNWA below let's follow each other today!!!

| #LFC | #LFCFAMILY |

[NNPC Limited @nnpclimited]

WATCH NOW:

Daniel Amokachi celebrates NNPC Ltd.'s unmatched dedication to sports development. He praises the enduring passion that has led to the continued success of the biennial NNPC Ltd. Sports Fiesta.

#SportsForProductivity
#EnergyForToday
#EnergyForTomorrow