GCEO of NNPC Ltd, Bayo Ojulari, says the company plans to go public by 2028 as part of its transformation into a limited liability entity.
Speaking at the 9th OPEC International Seminar in Vienna, Ojulari said the Petroleum Industry Act laid the foundation for reforms that have brought stability, attracted investment, and positioned NNPC for global relevance.
He highlighted aggressive infrastructure investments in refineries, pipelines, and gas, aiming to boost oil output to 3 million barrels per day and gas production to 12 BCF/day by 2030.
Ojulari urged global investors to engage with the “new NNPC” and “new Nigeria,” promising action over words.
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