• About
  • Advertise
  • Our Privacy Policy
  • Contact
Saturday, August 8, 2026
No Result
View All Result
  • Login
  • Register
MetrowatchXtra
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
No Result
View All Result
MetrowatchXtra
No Result
View All Result
Home Latest News

NNPC Welcomes Public Scrutiny, Defends Ojulari’s Performance

NNPC said the clarification followed recent media reports attributed to the Oil and Gas Professionals Forum (OGPF), which questioned the performance of the company’s leadership in connection with the recently concluded oil licensing round conducted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

Kemi Sheriepha by Kemi Sheriepha
August 8, 2026
0 0
0
Engr Bashir Bayo Ojulari, GCEO, NNPCL

Engr Bashir Bayo Ojulari, GCEO, NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd) has welcomed public scrutiny of its operations while defending the performance of its Group Chief Executive Officer, Engr. Bayo Ojulari, with the company citing increases in crude oil and gas production under his leadership.

NNPC said the clarification followed recent media reports attributed to the Oil and Gas Professionals Forum (OGPF), which questioned the performance of the company’s leadership in connection with the recently concluded oil licensing round conducted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

In a statement issued on Saturday, the company’s Chief Corporate Communications Officer, Andy Odeh, said NNPC remained committed to transparency and accountability and would continue to engage openly on its performance and operations.

Odeh, however, said it was necessary to clarify the company’s role in the licensing round, stressing that NNPC had no regulatory or allocative authority over the process.

According to him, the Petroleum Industry Act (PIA) 2021 places the conduct of oil licensing rounds and allocation of oil blocks within the statutory mandate of the NUPRC.

READ ALSO  Tinubu Arrives in Brazil to Begin State Visit

“NNPC Limited, since its incorporation, has operated strictly as a commercial entity and holds no regulatory or allocative authority,” he said.

On production, NNPC said publicly available data showed a sustained improvement in crude oil output since April 2025.

The company said average crude oil production stood at 1.60 million barrels per day (mbpd), inclusive of condensate, in April 2025, before rising through the second half of the year and stabilising at 1.67mbpd by April 2026.

It said the increase of about 80,000 barrels per day represented a six per cent growth in output.

“These figures are documented in NNPC Limited’s Monthly Performance Report, which is available to the public,” Odeh said.

The company also reported growth in gas production during the period, saying output rose from an average of 7,354 million standard cubic feet per day (mmscfd) in April 2025 to 7,729mmscfd by April 2026.

READ ALSO  Okowa Presents N71Bn 2023 Supplementary Budget for Delta | METROWATCH

NNPC said the 375mmscfd increase represented five per cent growth and was an indication of expanding gas output in support of domestic energy security and Nigeria’s export commitments.

The company said the production figures were also contained in its publicly available Monthly Performance Report.

NNPC said it remained open to scrutiny but warned that it would take necessary steps to protect its reputation and that of its leadership against what it described as false or unsubstantiated claims.

“We encourage industry commentators, analysts, and professional associations to verify information through the appropriate regulatory and corporate channels before publication,” Odeh said.

He added that greater reliance on verified information would ensure that public commentary remained factual, balanced and constructive to informed debate on Nigeria’s energy sector.

 

Metrowatchxtra

Tags: Bashir OjulariNNPCNUPRC
Kemi Sheriepha

Kemi Sheriepha

RELATED POST

RIGHT OF REPLY | Who Benefits When Nigeria’s Flagship Energy Company is Publicly Vilified?, By Olufemi Soneye
BUSINESS

JUST IN: NNPCL Increases Fuel Price for 2nd Time in 2 Days

by Kemi Sheriepha
July 22, 2026
0

The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, PMS at its retail...

Read moreDetails
Strike: NUPRC Assures Steady Oil, Gas Production

Strike: NUPRC Assures Steady Oil, Gas Production

June 2, 2026
Dangote Gets Appointment from World Bank

I Rejected NNPC’s Offer to Increase Stake in Refinery, Says Dangote

May 14, 2026
NNPCL Reduces Fuel Price to N910 Per Litre

NNPC Monthly Profit Drops 64% as Revenue hits N2.68trn

April 11, 2026
Shell/NNPC Boost Respiratory Care in Nigeria with Donation of Key Equipment to LUTH

Shell/NNPC Boost Respiratory Care in Nigeria with Donation of Key Equipment to LUTH

April 9, 2026
Mixed Feelings as Dangote Refinery Begins Fuel Distribution Nationwide

NNPC Increases Crude Oil Supply to Dangote Refinery

April 1, 2026
Load More

APO

Recent Posts

  • NNPC Welcomes Public Scrutiny, Defends Ojulari’s Performance
  • Senegal Intensifies Crackdown on Homosexuality, Charges 71
  • Gov. Alia Announces Plans to Close IDP Camps in Benue
  • 2027: Ortom Denies Plot to Replace Aondoakaa as Benue PDP Candidate
  • Power Minister Inaugurates Fayose as REA Chairman

Recommended

Full Text of Peter Obi’s CNN Interview with Zain Asher

Full Text of Peter Obi’s CNN Interview with Zain Asher

4 years ago
Obi-pendence and its Democratic Implications — opinion by Tony Osakpamwan Agbons

Obi-pendence and its Democratic Implications — opinion by Tony Osakpamwan Agbons

4 years ago
MetrowatchXtra

MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria

  • About
  • Advertise
  • Our Privacy Policy
  • Contact

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Sports
  • Tech
  • Health

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved