Groups Hail Ojulari Over N7.2 Trillion Profit and N66 Fuel Discount

Civil society groups praised NNPC Limited chief executive Bashir Bayo Ojulari for implementing Nigeria’s Petroleum Industry Act. They pointed to the company’s 2025 audited accounts, which reported a N7.2 trillion profit after tax, up 33% from 2024, and crude and condensate production of 1.77 million barrels per day. The groups also welcomed a N66-per-litre discount at NNPCL stations, funded from the company’s retail margin and extended through the end of October. They called for continued focus on production growth, cost discipline, gas commercialisation and transparent governance.