The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Bayo Ojulari, says the company is facing resistance from forces opposed to its ongoing reforms but will not succumb to short-term pressure.
Ojulari made this known on Thursday while receiving the leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) at the NNPC Towers in Abuja.
“We are under attack. We will not budge to short-term pressure, as it will not be in the best interest of Nigerians. You cannot drive change without a price, and the transformation is tough,” Ojulari stated in a message posted on NNPC’s Facebook page.
He explained that in his five months as GCEO, his administration has focused on reviving Nigeria’s refineries under the Incorporated Joint Venture (IJV) model to ensure sustainable operations. He added that President Bola Ahmed Tinubu has not pressured him to take shortcuts but has mandated him to deliver lasting reforms.
“Mr. President doesn’t pressure me to do the wrong thing. That is why we are looking at the baseline to ensure whatever we are doing, the refineries work sustainably going forward,” Ojulari said.
Ojulari assured the union leaders that NNPC would remain resilient despite the challenges, while urging patience as the reforms unfold.
PENGASSAN President, Festus Osifo, commended Ojulari’s leadership, noting improvements in crude oil production and reductions in oil theft.
“Our pipelines are now working. Also, crude oil theft has significantly reduced, leading to increased production. As PENGASSAN, we assure you that we are solidly behind you. We will work with you and collaborate with your team to ensure the stability of the system for the benefit of all Nigerians,” Osifo said.
