NNPC Ltd. GCEO Bashir Ojulari has affirmed that the company’s goal of producing 3 million barrels of crude oil daily by 2030 is achievable with strong commitment. He also pledged to attract $60 billion in oil and gas investments by 2030, including $30 billion by 2027.
Speaking at a staff town hall in Abuja, Ojulari emphasized a new leadership direction focused on performance, innovation, and results.“We are at the threshold of a new chapter—one that requires boldness, professionalism, and unwavering commitment to excellence,” declared NNPC Ltd. GCEO, Bashir Ojulari.
“The time has come to turn our transformation vision into measurable performance.”Production, Refining, and Gas Growth TargetsOjulari outlined key goals under his leadership, including sustaining crude oil production above two million barrels per day (bpd) by 2027 and reaching three million bpd by 2030. On refining, he set a target to boost domestic capacity to 200,000 bpd by 2027, scaling up to 500,000 bpd by 2030—crucial for achieving energy independence and reducing fuel imports.
In the gas sector, the aim is to increase production to 10 billion cubic feet (bcf) per day by 2027 and 12 bcf per day by 2030, in line with Nigeria’s “Decade of Gas” strategy and clean energy transition goals.Ojulari emphasized a comprehensive overhaul of NNPC Ltd.’s operational model to enhance agility, value creation, and performance management. “To meet these goals, we will restructure our business, conduct independent value assessments for data-driven decisions, and enforce a strong performance framework,” he said.A core pillar of the transformation plan includes building transparent, value-driven partnerships with both local and global stakeholders, repositioning NNPC Ltd. as a forward-thinking energy leader.
Describing the targets as symbols of opportunity, industrial growth, and energy stability for Nigerians, Ojulari also reaffirmed his dedication to workforce development. “Our success hinges on empowered employees.
We’re committed to creating an environment where talent—both experienced and emerging—can excel,” he noted.He urged staff to lead with integrity, embrace urgency, and align with the company’s renewed vision, while also pledging to strengthen ties with staff unions to foster mutual trust and a unified purpose.
