LEADERSHIP Newspapers·3 min read·medium

NNPC Defends CEO Amid Licencing-row Coverage, Cites 6% Rise In Crude Output

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Nse Anthony-Uko
NNPC Defends CEO Amid Licencing-row Coverage, Cites 6% Rise In Crude Output
AI Summary

The Nigerian National Petroleum Company (NNPC) has defended its CEO, Bayo Ojulari, against criticisms regarding the handling of oil licensing rounds. The company clarified that it operates as a commercial entity and lacks the regulatory authority to allocate oil blocks, which falls under the NUPRC.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it welcomes public scrutiny of its activities but pushed back against what it described as inaccurate claims questioning the performance of its group chief executive officer, Bayo Ojulari.

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