The Group Chief Executive Officer of the Nigeria National Petroleum Company (NNPC) Limited, Bayo Ojulari, officially resumed duties on Monday amid widespread speculation about his alleged resignation.
Naija News understands that Ojulari arrived at the NNPC headquarters at about 9:35 am, dispelling social media rumours suggesting that he had stepped down from his position.
A top security source confirmed to journalists that Ojulari was already engaging in his normal official activities.
“The GCEO is in the office performing his duties as usual. Reports of his resignation making the rounds on social media are entirely false,” the source stated.
The source further revealed that an internal memo had been circulated within the NNPC, advising staff members to disregard the unverified claims.
Ojulari, who assumed leadership of the state-owned oil company, continues to oversee strategic operations critical to Nigeria’s petroleum industry.
The clarification comes as NNPC navigates ongoing reforms and restructuring aimed at boosting efficiency and sustaining market confidence.
More details shortly…
© 2025 Naija News, a division of Polance Media Inc. Contact us via [email protected]
