NNPC was losing N500m monthly at PH refinery when I took over - Bayo Ojulari
[NigerianEye - Nigeria] - 30/08/2025
Bayo Ojulari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the company was losing about N500 million monthly on the Port Harcourt refinery. Ojulari spoke on Thursday in Abuja when he received a delegation from the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), led by Festus Osifo, its president. He said rehabilitating the refinery has been challenging due to years of neglect. “When you fix one thing, the other thing is still there. So, it’s been very difficult to get it,” Ojulari said. “When I resumed, one (…)
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