PRESS RELEASE
Ojulari Pledges Strategic Collaboration to Deliver Presidential Mandate
NNPC Ltd GCEO Commits to Transformational Partnerships for Industry Growth
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to him by His Excellency, President Bola Ahmed Tinubu.
Mr. Ojulari made this pledge during a courtesy visit to the Honourable Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Wednesday, underscoring a shared vision of progress and performance for Nigeria’s oil and gas industry.
Speaking during the visit, the GCEO emphasized that he and his executive leadership team are stepping into office with a spirit of collaboration and a deep resolve to make a lasting impact. He noted that NNPC Ltd's success will depend on close synergy with the Ministry of Petroleum, the Ministry of Finance, and other relevant institutions to break through bureaucratic barriers and accelerate results.
“We are here with a mindset of partnership; partnership with the Ministry of Petroleum Resources, with the Ministry of Finance, and with all other critical stakeholders. Our goal is to bridge gaps, foster alignment, and move forward with a united front. Antagonism benefits no one; collaboration is how we win,” Ojulari stated.
In response, Senator Lokpobiri expressed strong confidence in the new leadership of NNPC Ltd., noting that he has known many members of the management team personally and has received outstanding reports about their professional capabilities.
“This is arguably the strongest leadership team NNPC Ltd. has ever assembled,” the Minister said. “Now is the time to translate that reputation into measurable results; especially in increasing crude oil production and ensuring the sector delivers optimal value to the Nigerian people.”
The Honourable Minister assured Mr. Ojulari of his unwavering support and strategic guidance, adding that his office would work closely with the GCEO to provide the enabling environment for NNPC Ltd. to thrive and deliver on its national mandate.
This renewed spirit of partnership signals a new chapter for the oil and gas industry, marked by purposeful collaboration, operational excellence, and a shared commitment to national development.
Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
16th April, 2025
You can only PICK ONE thing from this list 👀👀
Frame 1 - 60 million Naira
Frame 2 - House in Lekki
Frame 3 - 200 bags of cement
Frame 4 - 200 Bags of Rice
PRESS RELEASE
NNPC Ltd Disclaims Assertions of Self-Acclaimed ‘Community Person’ on State of Port Harcourt Refinery
…Says Claims Are Crass Display of Ignorance
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been drawn to a video clip of one Timothy Mgbere, a self-acclaimed “community person” who alleged that the much-publicised restreaming of the Port Harcourt and truck-out of Premium Motor Spirit (petrol) which held earlier in the week were all false.
We would have not bothered to reply him considering that all his assertions were a crass display of ignorance which is consistent with his claim of being a ‘community person’ who does not necessarily have any knowledge about the workings of the Port Harcourt Refinery. But the need to set the records straight and not to mislead the public has constrained us to clarify as follows:
1. He claimed that the Old Port Harcourt Refinery was only operating skeletally and was not processing PMS. His proof was that the PMS truck-out was done at the gantry of the New Port Harcourt Refinery as against the gantry of the Old Port Harcourt Refinery. This betrays his scant knowledge of the operations of the refinery. The Old and New Port Harcourt Refineries have since been integrated with one single terminal for products load-out. They share common utilities like power and storage tanks. This means that storage tanks and loading gantry which he claimed belongs to the New Port-Harcourt Refinery can also receive products from the Old Port Harcourt Refinery.
2. The same person who claimed that the Old Port Harcourt Refinery has its own separate loading gantry from that of the New Port Harcourt Refinery further went on to contradict himself by saying that the PMS that was loaded out from the supposed loading gantry of the New Port Harcourt Refinery was “old stock” from the Old Port Harcourt Refinery. So, how did the purported “old stock” move from the Old Port Harcourt Refinery to the loading gantry of the New Port Harcourt Refinery?
3. Going by the flawed argument of the so-called ‘community person’, “old PMS stock” from the Old Port Harcourt Refinery can be moved to the loading gantry of the New Port-Harcourt Refinery for show, but newly produced PMS from the Old Port-Harcourt Refinery can only be loaded at its own dedicated gantry. This is nothing but ignorance on full display!
4. There are a number of other wild claims made by the man, one of which was that the refinery was producing 1.4million barrels per day. The nameplate capacity of the refinery is 60,000barrels of oil per day. It is currently producing at 90 per cent throughput which translates to Straight-Run Gasoline (Naphtha) blended into 1.4million litres of PMS, aside other products like diesel and kerosene.
5. We call on the general public to disregard the claims of the self-acclaimed ‘community person’ which are obviously borne out of sheer mischief and blatant display of ignorance.
Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
29th November, 2024