Bashir Ojulari has officially taken over as the new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), succeeding Mele Kyari. This development comes about 48 hours after his appointment, marking a significant milestone in the company’s history.
The CEO handover ceremony took place at the NNPCL Towers. Ojulari assumed the reins of affairs from his predecessor, Mele Kyari. The ceremony was attended by top executives of the company, as well as representatives from the Ministry of Petroleum Resources.
In his address, Ojulari commended Kyari for his contributions to the growth of NNPCL. He praised Kyari’s sterling service to the nation. He revealed that his management aims to consolidate his predecessor’s successes. Additionally, they plan to elevate the company to the next level.
Ojulari emphasized the need for transparency, accountability, and efficiency in the sector. He stated that his management team would work tirelessly to drive growth, increase revenue, and improve the company’s refining capacity.
Industry stakeholders have welcomed the appointment of Ojulari. They believe he has the expertise and experience to drive growth in NNPCL. They also believe he can improve efficiency.
President Bola Tinubu has expressed his commitment to reforming the oil and gas sector. Ojulari’s appointment is seen as a key step in achieving this goal.
President Tinubu has emphasized the need for transparency, accountability, and efficiency in the sector. He has stated that his administration is committed to reforming the oil and gas sector. Ojulari’s appointment is a key step in achieving this goal.
The company has announced plans to expand its operations, increase production, and improve its refining capacity. Ojulari is expected to play a key role in driving these plans forward.
Despite the optimism surrounding Ojulari’s appointment, there are several challenges ahead for the new CEO. The company faces significant challenges, including declining oil production, inadequate refining capacity, and corruption.
The appointment of Bashir Ojulari as the new CEO of NNPCL marks a significant milestone in the company’s history. With his expertise and experience, Ojulari is well-positioned to drive growth, efficiency, and profitability in the organization. As NNPCL continues to evolve and expand its operations, Ojulari will play a critical role in shaping the company’s future.
In addition to Ojulari’s appointment, the NNPCL has undergone a significant restructuring of its senior management team. A new eight-member team has been appointed. They will oversee the company’s operations. Their strategic direction focuses on enhancing operational efficiency.
The new team will be led by Ojulari. It will comprise highly experienced professionals. They have expertise in various aspects of the oil and gas industry.
As part of the restructuring, several key management positions have been reassigned to optimize performance and efficiency. The changes are aimed at positioning the company for future growth and success.
The NNPCL’s spokesman, Olufemi Soneye, announced the developments on Friday, highlighting the company’s commitment to excellence and innovation.