NNPC CEO Bayo Ojulari Sacks Refinery Bosses in Bold Shake-Up Amid Refinery Performance Concerns

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In a decisive move to reset Nigeria’s underperforming refining sector, Bayo Ojulari, the newly appointed Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has relieved the managing directors of the nation’s three major refineries—Kaduna, Port Harcourt, and Warri—of their duties.The action comes just days after Ojulari initiated sweeping changes across NNPC’s management structure, signaling a no-nonsense approach to tackling long-standing inefficiencies. According to insider sources, the refinery heads were removed as part of efforts to stop what has been described as “continued value erosion” in the country’s multibillion-dollar refining operations.This latest move intensifies scrutiny on the legacy of former GCEO Mele Kyari, under whose leadership billions of dollars were reportedly poured into refinery revamp projects. Despite these heavy investments, the facilities have continued to underperform, delivering little in terms of functional output.Ojulari, who took over leadership of the state oil company just four weeks ago, is said to be initiating a full-scale assessment of the current state of the refineries. Sources close to the matter reveal that he is exploring new management models that could finally bring transparency, accountability, and efficiency to the critical sector.Industry watchers say this could mark a turning point in Nigeria’s decades-long struggle to refine its own crude oil, potentially saving billions in imports and putting an end to recurring fuel scarcity.All eyes are now on Ojulari’s next steps as he seeks to restore public confidence and reengineer the future of Nigeria’s oil refining industry.