Opinion
NNPCL: Ojulari’s ambitious five-year $60bn investment agenda
NNPCL: Ojulari’s ambitious five-year $60bn investment agenda
On Thursday, the Nigerian National Petroleum Company Limited (NNPCL) unveiled an ambitious five-year growth and development agenda that will see it attracting $30 billion investments by 2027 and $60 billion by 2030. Group Chief Executive Officer (GCEO), Bayo Ojulari, who assumed leadership of the NNPCL just two weeks ago on April 4, disclosed this and more to members of staff during a town hall meeting held at the NNPC Towers in Abuja. What happened that day can be described in other words as the unveiling of the agenda of the new sheriff at the NNPCL and the direction which he wants the national oil company to go in terms of focus, vision and developmental plans under his watch.
If the 48 year old national oil company, founded on April 1, 1977 has been crawling all these years, it has now announced its readiness not just to start walking but get into running mode, preparatory to flying.
In a detailed press statement signed by the Chief Corporate Communications Officer, Olufemi Soneye and made available to newsmen, Ojulari, the new set man at NNPCL was as clear and emphatic as he could possibly be when he declared that the NNPC Ltd under his stewardship aims to attract sectorial investments worth $30 billion by 2027 which it will ultimately scale up to $60 billion by 2030; raise crude oil production to over two million barrels per day which it hopes to sustain through 2027 and attain three million by 2030; expand refining output to 200kbpd by 2027, and 500kbpd by 2030; grow gas production to 10bcf per day by 2027, and 12bcf by 2030 and deepen energy access and affordability for all Nigerians. This is certainly sweet music to the ears.
o avoid sounding as if he would simply wave some magic wands to achieve these lofty targets, Ojulari spelt out what must be done to arrive at the Promised Land. According to him, the company will be focusing on reconfiguring its business structure for agility and value creation; conducting independent value assessments to inform data-driven decisions; enforcing a robust performance management framework; building transparent, value-aligned partnerships with all stakeholders and most critically, taking control of its narrative.
The GCEO was meticulous in explaining the imperativeness of pursuing the company’s bold and ambitious agenda. Ojulari declared that the targets are not just metrics, but indicators of hope, jobs, industrial growth, and energy security for millions of Nigerians.
Describing NNPC Ltd as a renewed, forward-facing, and future-ready organisation that is proudly leading Nigeria’s energy transformation, Ojulari declared that “it’s time we tell our story—one of innovation, reform, and national pride.”
In what sounds like a new dawn at the NNPCL, Ojulari challenged the staff to be proud of NNPC Ltd’s recent transformation, stressing that the next journey to becoming a fully-fledged limited liability company will require a collective drive towards making NNPC more transparent, profitable and accountable.
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Ojulari then made a solemn pledge to give all employees the space to thrive and be able to outperform competitors in the oil industry, at least in Nigeria. “We will provide the best combination where the experienced and the young will both thrive towards achieving our set targets,” he assured.
He also did not overlook the work environment as he promised that his management will deepen collaboration with the company’s in-house and national unions to build a stronger, trust-based relationship that reflects shared purpose and mutual respect. He also called on all staff to lead with integrity, act with urgency, while bringing their very best to the table.
“We recognize that our greatest asset is our people. Our success will be powered by empowered employees. As such, we are fully committed to creating a workplace where everyone is valued, motivated, and inspired to thrive. Together, we will build a high-performing, globally competitive NNPC Ltd that is proudly Nigerian and proudly world-class,” Ojulari stated.
He vowed to pursue the company’s bold ambition and build an NNPC that will be the pride of all Nigerians.
“We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence. The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater. Now is the time to turn our transformation promise into performance,” Ojulari submitted.
Considering the pre-eminent position the NNPCL occupies in driving of the Nigerian economy, it would not be out of place to say that the appointment of Ojulari as the new GCEO of the national oil coy happened at the right time and marks a pivotal moment for Nigeria’s oil and gas sector. With a bold plan to attract $60 billion in investments over the next five years, Ojulari’s leadership is poised to significantly impact the nation’s economy, particularly in the context of President Bola Tinubu’s ambitious vision of transforming Nigeria into a trillion dollar economy. Ojulari’s multifaceted agenda which includes increasing oil production to 3 million barrels per day (bpd), increasing NNPCL’s crude refining capacity, enhancing gas production, and fostering a culture of accountability and transparency within the organization are all steps that should yield the desired result if pursued with the same vigour and passion with which they were reeled out, and there is no doubt that he would want to leave his foot print in the sands of time at the NNPCL.
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Ojulari’s planned strategy of ramping up oil production is to ensure that the NNPCL is able to not only meet domestic energy needs but also position Nigeria as a key player in the global oil market. This increase in production is essential for generating the revenue required to fund national development projects and social programs. Furthermore, it will create jobs and stimulate economic activities across various sectors, from transportation to manufacturing, thereby contributing to the overall growth of the economy.
In addition by prioritizing gas production, he aims to leverage the country’s vast reserves to meet both domestic and international demand. This focus on gas not only aligns with global energy transition trends but also provides an opportunity for Nigeria to continue to upscale its diversification of her energy portfolio. Increased gas production can lead to the establishment of gas-based industries, which can further drive economic growth and create employment opportunities.
An important point to note in Ojulari’s leadership philosophy is the emphasis on accountability and transparency. By fostering a culture of openness within NNPCL, he aims to rebuild trust with stakeholders, including investors, government agencies, and the public. This commitment to transparency is crucial for attracting the $60 billion in investments needed to realize his ambitious plans. Investors are more likely to commit capital to an organization that demonstrates integrity and a clear commitment to ethical practices. Moreover, accountability within the organization can lead to improved operational efficiency, reducing waste and enhancing profitability.
Staff motivation and welfare are also central to Ojulari’s agenda. Recognizing that a motivated workforce is essential for achieving organizational goals, he has vowed to implement initiatives that prioritize employee well-being and professional development. By investing in training and creating a conducive work environment, Ojulari aims to empower NNPCL employees to perform at their best. This focus on human capital development will not only enhance productivity but also foster loyalty and reduce human capital quick turnover, ultimately benefiting the organization and the economy at large.
Another critical aspect of Ojulari’s agenda is the plan to foster collaboration and dialogue with labor representatives. This approach certainly will engender a more harmonious and peaceful working environment, reducing the likelihood of industrial disputes that could disrupt operations and hinder progress.
What Nigerians are about to witness in Ojulari’s leadership at NNPCL promises to be a comprehensive and forward-thinking approach to the challenges facing Nigeria’s oil and gas sector. His plans to attract significant investment, increase production, and foster a culture of accountability and employee welfare are certainly essential if as a major player in the nation’s economy, President Bola Tinubu’s vision for a trillion dollar economy within a decade is to be realised. If he can effectively execute this vision, Ojulari certainly will not only transform NNPCL but also contribute significantly to Nigeria’s economic growth and development.
NNPCL: Ojulari’s ambitious five-year $60bn investment agenda
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Opinion
Death of Retired General in Captivity Sparks Fresh Concerns Over Nigeria’s Security Crisis
Death of Retired General in Captivity Sparks Fresh Concerns Over Nigeria’s Security Crisis
The death of retired Major General Rabe Abubakar while in the custody of bandits has reignited concerns over the worsening security situation in Nigeria, with stakeholders calling for urgent and decisive measures to address the growing threat posed by criminal groups across the country.
In a commentary released on Friday, public affairs analyst Mallam Ibrahim Agunbiade described the late military officer’s death as a troubling reflection of the country’s deepening insecurity, stressing that the incident should serve as a wake-up call for government authorities and security agencies.
Major General Abubakar, who reportedly dedicated decades of service to the Nigerian military and contributed to counterinsurgency efforts, was abducted alongside his wife while travelling in Katsina State. He later died while in captivity, according to information released by the state government.
The analyst noted that the incident raises serious concerns about the safety of citizens, arguing that if a retired senior military officer could fall victim to banditry, ordinary Nigerians remain even more vulnerable.
The Katsina State Government had described the development as a dark moment and reiterated the need for stronger collective action against criminal elements operating in various parts of the country.
Agunbiade emphasized that beyond official statements, the tragedy underscores the suffering experienced by victims’ families, many of whom endure prolonged periods of uncertainty, fear and grief while awaiting the release of abducted loved ones.
He also referenced the reported death of Islamic scholar Alhaji Muhammad Maibarga in bandits’ captivity in Kebbi State, saying the incidents demonstrate that insecurity affects people across all social, religious and professional backgrounds.
According to him, farmers, traders, students, traditional rulers, religious leaders, security personnel and other citizens have all become targets of criminal attacks in recent years.
The Defence Headquarters had earlier explained that it refrained from making public comments on the abduction of the retired General because rescue efforts were ongoing. Military authorities also pledged that those responsible for the crime would be brought to justice.
However, Agunbiade maintained that the latest tragedy highlights the urgent need for a more effective and coordinated national response to insecurity.
He stressed that tackling banditry, kidnapping and terrorism requires more than military action alone, advocating improved intelligence gathering, stronger inter-agency collaboration, enhanced protection for vulnerable communities and sustained efforts to dismantle criminal networks.
The commentator further urged Nigerians to view insecurity as a national challenge rather than a regional or ethnic issue, noting that victims cut across all religious, ethnic and social divides.
He called on government at all levels to prioritize the protection of lives and property, insisting that the death of Major General Abubakar should not be treated as just another headline but as a reminder of the urgent need to restore security and public confidence across the country.
Death of Retired General in Captivity Sparks Fresh Concerns Over Nigeria’s Security Crisis
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Opinion
Driving 756km to watch soccer god, Messi
Driving 756km to watch soccer god, Messi
Tunde Odesola
(Published in The PUNCH, on Friday, June 12, 2026)
Cool fire emits from the potted plant in the backyard at night; it is the glowworm. A yawn, roll on the back, with four powerful paws playfully punching the air; it is the lion, king of the jungle. Water gently hits the shore, sings a splash-splosh song, and rolls back silently into the night; it is the ocean. Formally called Aurea, an eagle, America’s symbol of strength, freedom and resilience, soars up above the 88,000 heads gathered at the Jordan-Hare Stadium in Auburn, Alabama, gliding in and out of sight repeatedly, to the wild ecstacy of the crowd, before finally perching right on the kick-off spot in the centre-circle. Fireworks disappeared into the sky. The four natural elements – fire, land, air and water – are complete. They combine in equal proportions to forge the extraordinary spectacle fans are about to witness as they scream for the football messiah, the magic, the Messi.
About a month ago, when I learned that the god of soccer was leading Argentina to Auburn University for a friendly against Iceland national team on Tuesday, June 9, 2026, I knew none of the four elements could stop me from watching the match. I had long looked forward to an opportunity to pay yet another glowing tribute to the little man who climbed to football’s Olympus without exhibiting the arrogance of gods. Messi, the king who lives in his people, not among his people – like Nigerian leaders who live in abundance among the poor.
So, I got tickets for my soccer-loving children and me. How many are they? Ssshhhh! The Yoruba say: “Aí kọmọ fún ọlọ́mọ.” It’s a taboo to mention the number of one’s children publicly. Hahaha! Maybe that’s why population control is a big issue in Africa. So, I took two days off work. The 756-kilometre journey to and from Auburn is approximately eight hours. When citizens are happy, they gladly obey the laws of the land. Messi fans from far and near stopped at nothing to behold their king.
Messi earned the hero-worship of his fans, who saw him over the years dedicate his entire being to football, from age four when he joined his first local club, Albanderado Grandoli, in his hometown of Rosario, where his father was the coach. Commitment, consistency and dedication earn trust, love and loyalty. Nigeria teaches the opposite lesson daily.
Therefore, if I describe Messi as: “The extra drop of sweat on the farmer’s brow. The extra stroke of the sculptor’s chisel. The extra mile walked by the determined soul. Indeed, the little excess of effort poured into the chores of everyday life, crowning the ordinary with the diadem of the extraordinary,” I am not wrong. That is Messi, the leader who worked his way into the hearts of his people. The king who stopped to conquer.
The king is coming to town! The news caught fire. Leo, the son of Messi, is coming to town!! Everywhere is buzzing!!! Everyone waits with bated breath to see “the little man from Rosario, Sante Fe, who pitched up in heaven, climbed into a galaxy of his own, and shook hands with paradise, as he lifted his heart’s dearest desire, the World Cup, four years ago”.
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The journey to Auburn was on a smooth black road. Driving was a pleasure; no potholes, no police tollgates, or army arm-twisting checkpoints, no dirt, no fear of bandits or terrorists or armed robbers. My car ate up kilometres upon kilometres of tar, and suddenly I saw a little object drop from the open truck in front of me. It was a metal that looked like a padlock. The vehicle sped ahead, but its dropping sped towards me. In that arresting moment when all there was to do was to simply look, I heard a thud on my windshield, less than an inch above the wiper on the passenger side. The hit left an impact that looked like a bullet was trying to get in. It was an impact without an opening, like congealed blood covering a stab, leaving some lines of cracks.
The driver in the offending vehicle did not know a thing. It wasn’t his fault. It was an accident. My car had no camera. I can’t put it on him, though I saw the metal drop from his vehicle. If he denies the metal, I lose. How do I even begin to look for the metal? What if he owns up and says sorry? I won’t be able to bring myself to have him repair my car. I pondered all these thoughts. I let them slide and came to the conclusion that God was the ultimate protector, no matter what man does. Remember, I told you nothing was going to stop me from watching Messi, even if the whole of my windscreen shattered.
So, I journeyed on. My children did not drive with me. They drove in another car because we took off from different points. We talked intermittently along the way. They asked me for my Estimated Time of Arrival (ETA). I was six minutes ahead of them. Then my fuel signal went up. I veered into the next exit, thinking it led to a town. Behold, it was a link to another highway, with no gas station in sight. Quickly, I traced my way back to the Auburn highway and continued my journey. Shortly, I sighted a filling station. I drove in, relieved to find fuel and a place to take a leak. In less than two minutes, my children pulled up into the gas station as though they were monitoring me. Hugs. Pleasantries. Fuel. We all headed towards the temple to see Messi.
Auburn had never witnessed a mammoth crowd in its existence. It was like a pilgrimage. All the parks were filled. Federal cops, state cops, county cops and Auburn University security officials were on hand. All matted into the crowd in an unintimidating, but friendly way that exuded safety and service. The police matted into the crowd like ushers in a carnival, not bouncers in a concert.
Auburn University brimmed. Car parks were filled up, fans parked along the road in a single file, leaving a portion of the road for police, emergency services, etc. Thousands, including yours truly, parked far away from the stadium and embarked on an inevitable trek on the sidewalk. The last time I had a road walk in Nigeria was for one protest or another. But this walk was for pleasure, not pain. There was joy in the air. Vendors made quick money selling only one jersey, the Number 10 jersey of Messi. There was food, soda and beer for sale.
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Though I am a Jerusalem pilgrim, JP for short, it was Auburn that gave me a glimpse of the massive crowd that followed Jesus Christ when he preached during his 33 years of existence in a mortal body. Curiosity didn’t kill my cat, but being a journalist, I looked out for a squabble, altercation, or fight among the crowd; I found none. Everything seemed choreographed. Perfect. I trekked along with the crowd to Gate 16, where my children were waiting for me.
The game was billed to start by 7:30 pm, but, America being the summit of razzmatazz, there was so much fun lined up before the kick-off, with the crowd yelling and yelling nonstop. From outside the stadium, I thought the game had begun, only to discover that the players had not even filed out when I got into the stadium. America for show!
Soon, each team filed out; Argentina, without their little god. Nicolas Otamendi led Argentina out. The centre referee had a word with both captains, and the match got underway. For those expecting a drubbing, Iceland were third behind France and Ukraine in their World Cup qualifying group. And against the run of play, the first big chance of the game fell to Iceland, whose striker fluffed his lines in the fifth minute.
Argentina soon pegged Iceland back and took dominance, resulting in a ninth-minute left volley by Valentín Barco to score the opening goal from just outside the box. Then the song ‘Olé, Olé, Olé,’ rent the air. What is ‘Olè’? ‘Olè’ is a thief in the Yoruba language. In Spanish, however, ‘Olé’ means bravo or encore. La Albiceleste were dominating, and the partisan crowd were enjoying it. Before the half-hour mark, the crowd began to chant, “We want Messi.” Then the camera zoomed in on the small but mighty god on the bench, chatting with teammates. Fans went mad and started chanting “Messi, Messi, Messi”.
Argentina continued their dominance in the second half, but the Icelanders made up for their blunt attack by exhibiting tactical discipline in the midfield and defence. When Coach Scaloni made a couple of changes after the hour mark, the “We want Messi” chant boomed in the stadium. But Scaloni wasn’t going to bring on the GOAT simply because the fans were calling on him to do so. Messi had suffered muscle fatigue in his last match for Inter Miami, his club team in the MLS, and was subbed off.
So, Scaloni was going to introduce his most prized jewel with utmost caution, measuring the minutes and seconds Messi was going to play, because on Messi’s shoulders rests the hope of the Argentinian team to the FIFA World Cup, starting the next day. At the 67th minute, Argentina had a free kick right outside of Iceland’s 18-yard box. The free kick was in an area of the pitch fans worldwide call the ‘Messi area’. The spectators yelled for Messi, who was already warming up. They wanted him to come and do his thing.
But Scaloni was not to be hurried. He brought Messi on in the 70th minute, and the match came alive immediately. The attack became sharp and penetrating. Five minutes after he came on, Messi, crowded outside the centre-circle, gave a defence-splitting pass to Lautaro Martinez, who was brought down by goalkeeper Elías Rafn Ólafsson. Penalty!
Messi placed the ball on the spot, stood back, looked Ólafsson in the eye, and sent the ball through the middle, as the keeper went the wrong way. 2-0. Aside from the “Messi” chants, fans also performed ‘The Wave’ for their soccer idol. To perform this iconic crowd movement, adjacent groups of fans stand, raise their arms, and sit back down in quick succession, creating a visual effect of a rolling wave travelling continuously through the stands.
‘The Wave’ first emerged in North American sports arenas, such as at U.S. baseball and American football games in the late 1970s and 1980s, gaining global popularity during the 1986 World Cup in Mexico.
The fans were not done yet. As if on a cue, they switched on the lights of their phones, jumping and singing and chanting the name of the GOAT.
I’m sure Messi won thousands of converts that day. I mean spectators who were not primarily soccer-loving, but who came in company with soccer-loving fans. My children were formerly Ronaldo fans, but they couldn’t help jumping and yelling for the king when they saw him in his majesty.
In all the merriment, there was no ‘bigmanism’, no VIPs. Asians, blacks, whites, Latinos, Arabs, Jews, etc dissolved into one humanity. There was no siren, no pushing or shoving, everyone was equal. No unemployed youths were stamping their feet on the ground, hands up in the air, in total submission, for a few crispy currencies from the rich.
Everyone knows that if they misbehave, they won’t be sleeping at home later in the night. A young white man in the row in front of me came to the stadium with his two beautiful daughters. He heard my accent as I spoke with my children, and he asked where I was from in Africa. I said Nigeria. He said he had worked in Uganda, Zambia and Ghana, and that he gave birth to his younger daughter in Ghana. I asked him if he enjoyed Africa. He said yes, but that the sun was too much. “It’s like the Texas sun. Too hot!” he said, laughing. He asked me where I was from in Nigeria, and I told him the South-West. “Oh, that’s close to Ghana,” he said, revealing his familiarity with Africa.
People behave themselves in public because parents can call the police on you if you utter profanities in front of their children. Though the stadium was brimming with reckless abandon, the crowd knew the law and the limits of their freedom. You don’t say the ‘f’, ‘n’, and other prohibited words in public because parents and individuals can call the police.
In all of these, I looked at the effect one man could have on his country’s image. I looked at the effect of sport as a unifying tool for global harmony. I’m sure police officers, who witnessed the Messi spectacle in Auburn, would have a place of admiration for Argentina in their hearts and are more likely to treat Argentinians with respect.
Messi, the greatest, yet the humblest. Combining greatness with humility is what sets Messi apart from any sportsperson, dead or alive. He has never publicly uttered a word of pride all his life. This virtue cements his legacy, apart from his unparalleled creativity, vision, and genius. The accomplishments of Messi are the dreams of some of his rivals, like Ronaldo.
Messi, the Ultimate.
Email: tundeodes2003@yahoo.com
Facebook: @Tunde Odesola
X: @Tunde_Odesola
Driving 756km to watch soccer god, Messi
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Health
Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi
Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi
Don’t add lies to the terrorist horror in Oyo, By Farooq Kperogi
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