Bashir Ojulari, the newly appointed Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has unveiled an ambitious strategic roadmap aimed at transforming Nigeria’s oil and gas sector into a global benchmark of efficiency and value creation.
Speaking during his first official town hall meeting with staff in Abuja, Ojulari laid out a bold agenda to secure $30 billion in energy investments by 2027, and $60 billion by 2030—an aggressive bid to revitalise the sector and solidify Nigeria’s energy security.
Under his stewardship, NNPC Ltd. plans to ramp up crude oil production to over 2 million barrels per day (bpd) by 2027, with a longer-term goal of achieving 3 million bpd by 2030. Ojulari also committed to significantly expanding refining capacity—from the current baseline to 200,000 bpd by 2027, and a projected 500,000 bpd by 2030.
On the gas front, the company aims to grow production to 10 billion cubic feet (bcf) per day within the next two years, and 12 bcf/day by 2030—part of a wider strategy to increase energy access and affordability across Nigeria.
“We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence,” Ojulari told staff, adding that these targets are “not just metrics, but indicators of hope, jobs, industrial growth, and national energy security.”
Ojulari’s blueprint includes overhauling NNPC’s business structure to enhance agility and value creation, enforcing a data-driven performance management system, and establishing transparent, value-aligned partnerships.
He stressed the importance of controlling NNPC’s public narrative while building trust-based collaborations with internal unions and external stakeholders.
“We must turn our transformation promise into performance,” he said. “NNPC must not only be a Nigerian pride—it must become a world-class energy company.”
Ojulari reassured staff of a workplace culture where experience meets innovation, and where every employee is empowered to outperform global competitors.
“Our people are our greatest asset. We are fully committed to creating a workplace where everyone is valued, motivated, and inspired to thrive,” he said.
As NNPC Ltd. continues its transition into a fully commercial enterprise, the new GCEO’s message is clear: performance, transparency, and a future-focused strategy will define the company’s next chapter.
