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NNPC Refinery Shutdown Ends Decades Of Self-Deception, Financial Waste – Ojulari

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Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), has characterized the recent shutdown of state-owned refineries as a necessary step to end decades of self-deception and financial waste.

Speaking at the Nigeria International Energy Summit (NIES), Ojulari said Nigeria had spent far too long pretending that its refineries were functional, even as they consistently failed to deliver value.

“For years, we told ourselves stories,” Ojulari said. “But the numbers never supported those stories.”

Nigeria’s four government-owned refineries, with a combined installed capacity of 445,000 barrels per day, have rarely operated anywhere near capacity. Yet successive administrations continued to budget for their rehabilitation, often without demanding measurable outcomes.

Ojulari said the internal review conducted by NNPC revealed that refinery operations had become a ritual rather than a business.

“We were running processes, not enterprises,” he said. “Money was going out, but value was not coming in.”

According to Ojulari, the decision to shut down the refineries was not taken lightly, given their symbolic importance.

“These refineries mean a lot to Nigerians emotionally,” he said. “But emotion cannot replace truth.”

Nigeria’s refineries operated efficiently through the 1980s and much of the 1990s, but performance declined in the 2000s as institutional focus shifted away from operational excellence toward EPC contracting, O&M structures, and financing-driven interventions.

This transition weakened preventive maintenance culture, increased reliance on turnaround maintenance cycles that proved more commercially attractive to external parties, and contributed to the gradual erosion of in-house operational capacity within NNPC.

Between 2010 and 2023, Nigeria reportedly spent more than ₦11 trillion on refinery repairs. Despite this, fuel imports continued to dominate the domestic market, placing pressure on foreign exchange reserves and undermining energy security.

Ojulari said continuing along that path would have been irresponsible.

“At some point, leadership requires honesty,” he said. “We had to admit that this system was not working.”

He added that the shutdown allows NNPC to confront reality without the distraction of ongoing losses.

“You cannot fix a problem you refuse to acknowledge,” Ojulari said.

The NNPC boss also credited the Dangote Refinery with creating the space for reform.

“Whether you love Dangote or not, thank God it is working,” he said. “It allows us to stop pretending.”

Ojulari said NNPC is now focused on restructuring the refineries with credible partners.

“We are not interested in cosmetics,” he said. “We want real change.”

According to him, the shutdown represents a moral as much as an economic decision.

“This is how nations grow: by telling themselves the truth,” Ojulari maintained.

 

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Police Clear Interior Minister Tunji-Ojo In NYSC Certificate Probe

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The Nigerian Police Force has dismissed allegations of certificate forgery against the Minister of Interior, Tunji Ojo, describing them as baseless following an extensive investigation.

The Police, through its spokesperson, ACP Benjamin Hundeyin, stated that no evidence was found of forgery, alteration, falsification, or unlawful production of the minister’s National Youth Service Corps (NYSC) certificate.

According to him, the investigation established that there was no proof of forgery, alteration, falsification, or unlawful production of the minister’s NYSC certificate.

“After an exhaustive investigation into the allegations, it has been established that there is no evidence whatsoever of forgery, alteration, falsification or unlawful production of the minister’s NYSC certificate,” Hundeyin said.

He explained that the National Youth Service Corps (NYSC) was contacted during the investigation and confirmed that the certificate in question was duly issued to the minister.

“The NYSC was contacted and it was verified that the certificate was duly issued by the corps to the minister. The allegations are therefore unfounded,” he added.

The development comes a day after youth and civil society groups staged a protest in Abuja over the alleged certificate forgery involving the minister.

The demonstrators accused Tunji-Ojo of providing conflicting information regarding his NYSC records, which they said raised concerns about integrity in public office.

Addressing journalists during the protest, one of the demonstrators said the minister had yet to publicly respond to the allegations.

“We have not heard from him. He has not come out to clarify to the public whether what is being said is right or wrong,” the protester said.

The protesters also argued that in similar circumstances, some public officials had resigned from office when faced with such allegations, insisting that accountability should apply equally to all public office holders.

“We want accountability, and we want everyone to be treated equally. What is good for one person should be good for all. If other ministers could resign over similar issues, we do not see why he should still remain in office,” the protester added.

They warned that failure to properly address such allegations could erode public trust in government institutions, particularly among young Nigerians, and undermine the credibility of public offices at the federal level.

 

 

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After Long Wait, Tinubu Assigns Portfolios To 65 Ambassadors-Designate

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President Bola Ahmed Tinubu has approved the posting of 65 ambassadors-designate to various Nigerian missions and international organizations worldwide.

The list comprises 31 career diplomats and 34 non-career ambassadors, whose nominations were earlier confirmed by the Senate in December 2025.

According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the postings assign the envoys to various countries and international missions.

Among the non-career ambassadors, former presidential aide Reno Omokri was posted to Mexico, while former Minister of Aviation Femi Fani-Kayode was assigned to Germany.

Former Minister of Health Prof. Isaac Adewole will serve in Canada, while former Minister of Interior Abdulrahman Bello Dambazau was posted to China.

Other notable appointments include Senator Ita Enang to South Africa, Senator Jimoh Ibrahim as Nigeria’s Permanent Representative to the United Nations, Olufemi Pedro to Australia, and Lateef Kayode Are to the United States.

The President also approved the posting of several career diplomats to key missions.

These include Ambassador Abdussalam Habu Zayyad to Senegal, Ambassador Haidara Mohammed Idris to The Hague, Netherlands, Ambassador Ayeni Adebayo Emmanuel to Belgium, and Ambassador Ibrahim Danlami to Kenya, among others.

The Presidency disclosed that some countries have already issued diplomatic clearance, known as agrément, for Nigeria’s envoys.

The United Kingdom has approved Ambassador Aminu Dalhatu as Nigeria’s High Commissioner, while France has granted agrément for Ambassador Ayo Oke.

The Ministry of Foreign Affairs has also formally notified other host countries of the appointments and requested their agrément in line with diplomatic procedures.

Tinubu has directed the Ministry of Foreign Affairs to immediately begin the induction programme for the ambassadors-designate and high commissioners ahead of their deployment to their respective missions.

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Kidnappers Kill Ex-Ebonyi Deputy Governor’s Father, Nine Suspects Arrested

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The Ebonyi State Police Command has confirmed that Ezeogo Francis Igwe, the traditional ruler of Ndufu-Alike and father of former Deputy Governor Kelechi Igwe, has been killed by his abductors.

The victim, Francis Igwe, was the traditional ruler of Ndufu-Alike in Ikwo Local Government Area of the state before his death.

According to the police, the monarch was abducted on Sunday, March 1, 2026, while on his way to church.

Confirming the incident in a statement issued on Friday, the spokesperson of the Ebonyi State Police Command, Joshua Ukandu, said operatives launched intensive operations immediately after the abduction was reported.

Ukandu explained that deploying technical and intelligence assets led to the arrest of two suspects believed to be members of the kidnapping syndicate.

During interrogation, the suspects reportedly confessed that the monarch had been killed on March 2.

“They further volunteered to lead operatives to their hideout and assist in recovering the monarch’s remains,” the statement said.

However, while approaching the hideout, other gang members allegedly opened fire on the police team.

Ukandu said the operatives responded with superior firepower, overpowering the criminals during the gun battle.

“In the course of the confrontation, one of the hoodlums was neutralised, while others fled the scene,” he said.

The police spokesman added that seven additional suspects were later arrested, bringing the total number of suspects in custody to nine.

He also confirmed that one locally made pistol was recovered during the operation.

Ukandu said the remains of the slain traditional ruler had been recovered and deposited in a morgue for autopsy.

The suspects are currently in police custody, while efforts are ongoing to arrest other fleeing gang members.

He added that the suspects would be charged to court after the investigations conclude.

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