Ojulari Reaffirms Northern Roots, Seeks National Unity As He Assumes Leadership Of NNPCL

The newly appointed Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, has reaffirmed his deep northern roots amid public debate surrounding his origin, while calling for collective support in navigating Nigeria’s energy sector challenges.

Speaking during a media briefing in Abuja, Ojulari expressed surprise at questions raised about his regional identity, emphasizing his upbringing and academic journey across key northern states.

“I was surprised when people said I wasn’t from the North,” he remarked. “I am a son of the North. My family is from Ilorin, I was raised in Kaduna, and studied in Zaria. I only began learning Yoruba at 15. I am truly a northern Nigerian.”

Ojulari appealed for support and prayers from Nigerians, particularly from the northern region, to help him succeed in his new role, stating that the tasks ahead require collective effort.

“This work isn’t a one-man job. I need the support of every region, especially the North, to ensure we deliver progress not just for the region, but for all of Nigeria,” he said.

Addressing Dangote Refinery Dispute

On the recently reported tensions between NNPCL and the Dangote Group, Ojulari disclosed that discussions have already begun to mend the relationship, stressing the importance of collaboration between key stakeholders in the oil and gas industry.

“We’ve had meaningful talks aimed at resolving the issues. Alhaji Aliko Dangote’s contributions to Nigeria’s industrial growth are commendable. We are committed to working together to ensure steady fuel supply to Nigerians,” he stated.

He added that moving forward, any potential disagreements would be handled through dialogue and mutual understanding. “You will no longer hear of disputes between NNPCL and Dangote Refinery. We’re on the path to cooperation,” Ojulari assured.

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Global Oil Price Slump and Its Local Impact

The NNPCL boss also addressed the recent dip in global crude oil prices and its implications for Nigeria’s economy. He admitted that the trend poses challenges for the national budget, which relies heavily on oil revenue projections.

“Fluctuations in crude oil prices have a direct impact on our national revenue. We are now taking steps to reduce operational costs and ensure we continue to maximize earnings from oil and gas sales,” he noted.

Responding to concerns that local fuel prices have not reflected the drop in global crude prices, Ojulari offered an explanation based on market dynamics.

“If marketers purchased fuel when prices were higher, they naturally need to sell at that rate to recover costs. But as new shipments come in at reduced global rates, we expect the pump prices to eventually drop as well,” he explained.

Looking Ahead

Ojulari’s remarks signal a commitment to transparency, cooperation, and efficiency in steering NNPCL during a critical period for Nigeria’s energy sector. His emphasis on unity and national support underlines the collaborative approach he intends to bring to the corporation’s leadership.