Nigeria's independent online newspaper
Press ReleaseAt the 2025 Nigeria Oil and Gas Conference, one of the standout moments was the CEO Fireside Chat between Rolake Akinkugbe-Filani, CEO of EnergyInc Advisors, and Engr. Bayo Ojulari, the newly appointed GCEO of NNPC Limited.
A key enabler of this transformation is the Petroleum Industry Act , which has created an enabling environment. The focus now is implementation — and doing so with urgency. Our second focus is “non-operator venture excellence.” ExxonMobil managed 60% of its portfolio through non-operated ventures with strong technical oversight. We are transforming NUIMS into a globally respected version of that model.
2.”You’ve made impressive strides – 100% pipeline availability, gas infrastructure progress, and the release of monthly financials. What key operational reforms and transparency measures have enabled this momentum, and how are they tied to your broader IPO strategy and timeline?” What’s also changing is that NNPC has stepped away from any residual regulatory tendencies. We are not regulators, and we do not want to be seen as regulators. We also don’t want anyone hiding behind us as regulators. If there are issues, we go together with our partners to NMDPRA, to NUPRC, to the Nigerian Content Development Board hand in hand to resolve them. That’s the approach we’re taking.
We’ve begun a deep cultural transformation focused on accountability, performance, and enabling our people. There’s real talent at NNPC — the key is unlocking it. We’re building discipline, starting with basic internal reports, and aim to release our first public quarterly report by Q3. It may not be perfect, but it’s a critical step.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria’s oil production now 1.745 million barrels per dayThe Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, said that Nigeria had proven gas reserves of over 200 trillion cubic feet.
Read more »
NASS Roundup: Budget extension, Rivers appropriation bill, NNPC’s N210trn missing funds, other stories from SenateThe Senate resumed plenary last Tuesday after a three-week Sallah recess and had one of its busiest weeks.
Read more »
Concerns mount in Nigeria’s oil sector as another major scandal rocks NNPCA Trusted Nigerian Newspaper
Read more »
Again, NNPC increases petrol pump price to N925/litreThe Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit, also known as petrol, to N925 per litre in Lagos.
Read more »
I Voluntarily Submitted Myself To EFCC — Ex-NNPC CFO, Umar IsaA Trusted Nigerian Newspaper
Read more »
Senate panel gives NNPC 10-day ultimatum to address financial statement discrepanciesThe senate committee on public accounts has given the Nigerian National Petroleum Company (NNPC) Limited a 10-day ultimatum to address financial queries concerning discrepancies in its audited financial statements.
Read more »