A Timely Rescue: Presidency Praised For Removing Embattled NNPCL Boss, Bayo Ojulari
In what many in the oil and gas sector are calling a long-overdue intervention, the Presidency has acted decisively to remove Bayo Ojulari as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL). The move comes amid deepening investigations into a $20 million financial scandal and Ojulari’s troubling entanglement with opposition figures, notably former Vice President Atiku Abubakar.
Mr. Ojulari’s brief 123-day tenure was marred by gross underperformance, ethical lapses, and a shadowy alliance that posed a direct threat to the credibility and neutrality of Nigeria’s oil sector. From being repeatedly grilled by the EFCC over suspicious financial transfers to his associate Bashir Haske, allegedly Atiku’s son-in-law—to his use of private jets linked to political opposition figures, Ojulari’s stay at the helm was fraught with scandal and suspicion.
NNPC’s Bayo Ojulari hasn’t resigned – Presidency source
Under his leadership, the once-promising direction of NNPCL began to nosedive. His history of contract inflation while at Shell, and his suspected involvement in procurement fraud, cast a long shadow over his competence and integrity. Even more alarming was the quiet but dangerous infiltration of political influence into the NNPCL Towers, with Haske allegedly taking de facto control of critical decisions.
Explosive Claims: How NNPCL’s Ojulari Was Allegedly Pushed To Sign Exit Papers
Stakeholders across the industry and patriotic Nigerians alike have now welcomed Mr. President’s firm decision to remove Ojulari, describing it as a bold step to salvage the reputation of Nigeria’s foremost energy institution and protect the country from further political and financial sabotage.
The Presidency’s action sends a clear message: national assets must be managed by professionals of proven integrity, not political proxies or compromised actors.
