Anxiety As Presidency, NNPC Keeps Mum Over Ojulari’s Alleged Exit – The Reflector Newspaper
Friday, August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

Anxiety As Presidency, NNPC Keeps Mum Over Ojulari’s Alleged Exit

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
August 4, 2025
in Featured, News
0
NNPCL Appoints New Senior Management Team
0
SHARES
13
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

Tension and confusion continue to mount within Nigeria’s oil and gas sector following unconfirmed reports that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, may have resigned from office.

More than 24 hours after the reports first surfaced online, the Presidency and the national oil company have maintained silence on the matter, fueling speculation and anxiety across the industry.

Related posts

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025

Ojulari, a former Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), was appointed by President Bola Tinubu on April 2, 2025, as part of a sweeping overhaul of NNPCL’s management and board. Since his appointment, he has remained relatively low-profile, with limited media engagement.

Attempts to get official confirmation or denial from the Presidency yielded no result. A top official, who declined to be named, said the matter was not within the remit of the Presidential Villa, and advised journalists to contact NNPCL for clarification.

However, efforts to reach NNPCL officials for comments were unsuccessful, as the company has yet to issue any official statement on the development.

The situation has been further complicated by the absence of a functioning Corporate Communications department at NNPCL. The former Chief Corporate Communications Officer, Mr. Olufemi Soneye, resigned on June 21, 2025, and a replacement has not been publicly announced.

Since Soneye’s exit, media inquiries to the department have gone unanswered, leaving a critical gap in the company’s external communications. Journalists have also found access to the NNPC Towers increasingly difficult, with new restrictions requiring prior clearance and a physical invitation from internal staff.

Meanwhile, both the Department of State Services (DSS) and the Economic and Financial Crimes Commission (EFCC) have declined to comment on reports suggesting possible investigations or involvement in the matter. Officials of both agencies insisted that they do not speak for NNPCL and would not be drawn into speculation.

Efforts to reach Mr. Ojulari directly also proved abortive, as calls and messages to his known contact lines were not answered as of press time.

An internal source at NNPCL, who spoke on condition of anonymity, dismissed the resignation claims but admitted that the rumors had caused disruptions within the organization.

“As far as I know, Mr. Ojulari has not resigned. The reports are causing distractions internally. He was just settling into the role and now everyone is uncertain. Hopefully, clarity will return soon,” the source said.

With no official response from the company or its principal officers, the situation continues to create a cloud of uncertainty around NNPCL’s leadership at a time when stability in the oil and gas sector is crucial to national revenue and investor confidence.

 

VANGUARD

Tags: Bayo OjulariNNPCL

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Nigerians’ll Enjoy Uninterrupted Power Before Tinubu Leaves Office – Minister

Next Post

Oyetola’s Aide Denies Award Of Multibillion-Naira Baro Port Contract

Next Post
Osun 2026: I’m Not Contesting – Oyetola

Oyetola’s Aide Denies Award Of Multibillion-Naira Baro Port Contract

RECOMMENDED NEWS

Makinde Reassures LG Admins Of Continuous Collaboration

Makinde Approves Permanent Staff Status For Ad-hoc Workers

11 months ago
Tinubu Congratulates Wadada On Turbaning, Cites Service, Patriotism

Tinubu Congratulates Wadada On Turbaning, Cites Service, Patriotism

4 weeks ago
Zamfara Governor Turns Down ADC’s Invitation

Zamfara Governor Turns Down ADC’s Invitation

2 months ago
ADC Faction Rejects Adoption Of Party By Atiku-led Coalition

2027 Presidency: We’re Not Fixated On Zoning — ADC

1 month ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari By-Elections CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL NYSC Olubadan PDP Peter Obi President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Obi Faults FG Over Hike In International Passport Fees
  • NLC Demands N150,000 Minimum Wage For Lagos Workers
  • PDP Considering Jonathan, Obi For 2027 Presidential Ticket – Bala Mohammed
  • NNPC Was Losing N500m Monthly At PH Refinery When I Took Over – Ojulari

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights