Energy

Meet Newly Appointed GCEO Of NNPC Ltd

By Sunday Etuka, Abuja

Bayo Bashir Ojulari is a Nigerian engineer and expert in petroleum, process and production engineering from Kwara State.

He was appointed Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd) by President Bola Tinubu on April 2, 2025.

Until his new appointment, he was Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company.

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His Renaissance recently led a consortium of indigenous energy firms in the landmark acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria (SPDC), worth $2.4 billion.

Ojulari is also an alumnus of Ahmadu Bello University, Zaria. He graduated with a degree in Mechanical Engineering. He worked for Elf Aquitaine as the first Nigerian process engineer to begin a stellar career in the oil sector.

From Elf, he joined Shell Petroleum Development Company of Nigeria Ltd in 1991 as an associate production technologist.

Apart from working in Nigeria, he worked in Europe and the Middle East in different capacities as a petroleum process and production engineer, strategic planner, field developer, and asset manager. In 2015, he became the managing director of Shell Nigeria Exploration and Production Company (SNEPCO).

During his career, he was chairman and member of the board of trustees of the Society of Petroleum Engineers (SPE Nigerian Council) and a fellow of the Nigerian Society of Engineers.

NNPC LIMITED

The Nigerian National Petroleum Company Limited (NNPC Ltd) is a state-owned oil company in Nigeria.

Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022.

NNPC Limited is the only entity licensed to operate in the country’s petroleum industry.

It partners with foreign oil companies to explore Nigeria’s fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa.

The company boasts of extensive infrastructure and investment in the downstream, midstream and upstream of the Nigerian petroleum industry.

 

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