For now, judgment should remain reserved, expectations should remain high, and performance should remain the only true measure.
Browsing: NNPCL
These revelations were contained in the February Monthly Report Summary of the NNPCL that was released on Saturday.
Justice Joyce Abdulmalik of the FHC in Abuja gave the ruling following a motion on notice for the final forfeiture of the assets.
The Public Accounts Committee is investigating allegations that about ₦200 trillion is missing from NNPCL’s accounts between 2017 and 2023.
SERAP made the demand for the probe in an open letter dated March 14, 2026, signed by its Deputy Director, Kolawole Oluwadare.
In a significant move aimed at reshaping Nigeria’s energy landscape, the two companies renewed the alliance on Saturday.
The national oil agency made the figures known to the Nigerian public in its December 2025 Monthly Report Summary.
It followed allegations documented in the 2022 audited report by the Auditor-General of the Federation on September 9, 2025.
The results of the national oil company, shared during its earnings call with analysts, underscored a year of strong operational delivery.
The group made the demand in the letter dated October 23, 2025 and signed by its Deputy Director, Kolawole Oluwadare
George Ibrahim (SAN), who is from Ogwu James Onoja Law Firm, argued the application and secured the restraining order against the defendants
To revamp NNPCL’s public image, a multi-faceted PR strategy is essential. Let me repeat myself again: transparency and accountability must be prioritised.
The announcement of the two seasoned executives was contained in a statement issued by the national oil company to the media on Tuesday.
This was contained in a joint statement by the Conference of Nigeria Political Parties and the Coalition of National Civil Society Organisations.
Speaking during a meeting with the NEITI management team led by its Executive Secretary, Dr. Orji Ogbonnaya Orji, NNPCL’s Group Chief Executive Officer, Engr. Bayo Ojulari, reaffirmed the company’s commitment to monthly reporting of key operational data.
Ojulari said this on Thursday while receiving members of the National Executive Council (NEC) of the Petroleum and Natural Gas Senior Staff Association of Nigeria.
The Group Chief Executive Officer of NNPCL, Bayo Ojulari, said this at the opening of the maiden African Chiefs of Defence Staff Summit on Monday in Abuja.
The national oil company, in a Monthly Report Summary – July 2025, disclosed that it recorded a revenue of N4.4 trillion during the month.
But he needs the protection of Tinubu and cooperation of critical stakeholders in the sector. Let’s not forget that he inherited key staffers that he did not employ.
He said that following the NNPCL’s decision to halt funding from August 1, President Bola Tinubu directed the ministry to explore alternative sources of financing to ensure no project is abandoned.

