MINISTER CHARGES NEW NNPC LEADERSHIP TO LEVERAGE REPUTATION FOR OIL OUTPUT BOOST
Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, has tasked the new leadership of the Nigerian National Petroleum Company Limited (NNPC Ltd) to leverage their reputation to increase the country’s oil output and add value to Nigerians’ lives. Lokpobiri expressed confidence in the new leadership team, describing them as the strongest NNPC Ltd has ever assembled.
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Key Expectations:
– Increase Crude Oil Production: Lokpobiri urged the new leadership to translate their reputation into measurable results, focusing on boosting crude oil production.
– Optimal Value Delivery: The Minister emphasized the need for the sector to deliver optimal value to Nigerians.
– Collaboration and Support: Lokpobiri assured the NNPC Ltd leadership of his unwavering support and strategic guidance.
NNPC Ltd’s Commitment:
– Partnership and Collaboration: NNPC Ltd’s Group Chief Executive Officer, Bayo Ojulari, reaffirmed his commitment to forging strong partnerships with stakeholders to deliver on the company’s mandate.
– Shared Vision: Ojulari emphasized a shared vision of progress and performance for Nigeria’s oil and gas industry
Lokpobiri,who gave the charge on Wednesday when he received The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd),Mr.Bayo Ojulari in his office also expressed strong confidence in the new leadership of the company.
He noted that he has known many members of the management team personally and has received outstanding reports about their professional capabilities.
He added:“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.”
He 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.
In his remarks, Ojulari reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to him by President Bola Tinubu.
He underscored a shared vision of progress and performance for Nigeria’s oil and gas industry.
He 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 said in a statement signed by the company’s spokesman, Olufemi Soneye.
