
Ojulari never awarded any oil block, has no statutory role in licensing, NNPCL insiders declare
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, neither awarded nor participated in the award of any oil block or marginal field, industry insiders have declared, describing allegations linking him to the process as “deliberately false, malicious and legally unsustainable.
Entrenched Interests Fight Back Sources said the attacks intensified as the NNPCL leadership moved to improve transparency in commercial transactions, enforce financial discipline, reduce operating costs and review arrangements considered wasteful or inconsistent with the company’s commercial objectives.
His leadership has prioritised cost reduction, improved production, stronger corporate governance, financial accountability and greater transparency across the company’s commercial operations.
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