Barely three weeks into his role, NNPC Ltd.’s GCEO, Bashir Ojulari, has announced a bold agenda targeting significant investment inflows and increased oil and gas production to benefit Nigerians
[dropcap]T[/dropcap]he newly appointed Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Ojulari, has outlined an ambitious agenda aimed at transforming the company into a source of national pride.
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Speaking at a town hall meeting with NNPC Ltd. staff in Abuja, Mr. Ojulari unveiled his strategic vision, according to a statement released on Friday by Olufemi Soneye, Chief Corporate Communications Officer.
Mr. Ojulari pledged to attract substantial sectoral investments, targeting $30 billion by 2027 and $60 billion by 2030.
Furthermore, he announced plans to significantly increase crude oil production to over two million barrels per day, sustained through 2027, with a further goal of reaching three million barrels per day by 2030.
In addition to oil production targets, the GCEO set ambitious goals for gas production, aiming for 10 billion cubic feet (bcf) per day by 2027 and 12 bcf per day by 2030.
He also emphasized the company’s commitment to deepening energy access and affordability for all Nigerians.
“We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence,” Mr. Ojulari asserted.
“The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater. Now is the time to turn our transformation promise into performance.”
“The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater,” stated NNPC Ltd. GCEO, Mr. Bashir Ojulari.
To achieve these ambitious targets, Mr. Ojulari outlined key strategic focus areas, including reconfiguring the company’s business structure for enhanced agility and value creation, conducting independent value assessments to inform data-driven decisions, and enforcing a robust performance management framework.
He also emphasized the importance of building transparent, value-aligned partnerships with all stakeholders and proactively managing the company’s narrative.
Highlighting the significance of these goals, the Group CEO stated that the targets are not merely metrics but represent hope, job creation, industrial growth, and energy security for millions of Nigerians.
He urged the staff to take pride in NNPC Ltd.’s recent transformation and stressed that the journey towards becoming a fully-fledged limited liability company requires a collective drive towards greater transparency, profitability, and accountability.
Mr. Ojulari assured employees that he would foster an environment where both experienced and younger staff members can thrive and outperform competitors.
He also pledged to deepen collaboration with in-house and national unions to build a stronger, trust-based relationship grounded in shared purpose and mutual respect.
In his concluding remarks, the GCEO called upon all NNPC Ltd. staff to lead with integrity, act with urgency, and bring their best to their roles. “We recognise that our greatest asset is our people.
Our success will be powered by empowered employees. As such, we are fully committed to creating a workplace where everyone is valued, motivated, and inspired to thrive,” he affirmed.
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“Together, we will build a high-performing, globally competitive NNPC Ltd. that is proudly Nigerian and proudly world-class.”
