NNPCL: Kida, Ojulari’s complementary expertise makes them a formidable team

NNPCL: Kida, Ojulari’s complementary expertise makes them a formidable team

By: Hon. Yusuf Adamu

The recent appointments of Bashir Bayo Ojulari as the Group Managing Director and Ahmadu Musa Kida as the non-executive chairman of the Nigerian National Petroleum Company Limited (NNPCL) mark a significant shift in leadership that promises to enhance operational efficiency within the organization. President Bola Tinubu’s decision to appoint these two individuals underscores a strategic approach to governance, particularly in Nigeria’s critical energy sector. Their complementary expertise is poised to drive NNPCL towards achieving its ambitious goals amidst the challenges facing Nigeria’s oil industry.

Ojulari brings a wealth of experience from his previous roles at Elf Aquitaine and Shell, where he demonstrated effective leadership in navigating complex operational landscapes. His technical acumen in exploration and production aligns seamlessly with Kida’s strategic oversight capabilities. Kida’s background further enriches this partnership, providing a broad understanding of corporate governance and stakeholder management essential for steering NNPCL through turbulent times. Collectively, their combined strengths position NNPCL favorably for future growth and stability.

Bayo Ojulari and Ahmadu Musa Kida represent a formidable potential partnership within the Nigerian National Petroleum Company Limited (NNPCL). Both individuals possess substantial experience in the oil sector, which positions them well to address the multifaceted challenges facing Nigeria’s petroleum industry. Ojulari, a former executive at Shell and recently appointed CEO of NNPCL, is recognized for his robust leadership capabilities and commitment to reforming an industry plagued by corruption and inefficiency. His appointment signifies a strategic move aimed at revitalizing oil production while enhancing the company’s public image.

On the other hand, Kida’s background as a former executive at TotalEnergies equips him with valuable insights into operational efficiency and stakeholder management. His support from influential figures could bolster NNPCL’s initiatives to appease diverse interests within Nigeria’s complex socio-political landscape. Together, Ojulari’s vision for reform combined with Kida’s operational expertise could create a synergistic effect that significantly transforms NNPCL into a more effective entity capable of navigating present challenges.

As an engineer and former private-sector executive, the new GMD brings invaluable experience from Shell Petroleum. Similarly, the Non-Executive Chairman’s experience from Total/Elf Petroleum will undoubtedly benefit the organization.

To ensure the success of NNPCL, several key areas need attention:

• Refinery Operations*: Ensuring the refinery is operational for local production will reduce oil imports, ease pressure on foreign exchange earnings, and create jobs.
• Pipeline and Depot Infrastructure*: Repairing and maintaining pipelines and depots will enable direct product transportation, reduce road accidents, and cut costs associated with the Petroleum Equalization Fund.
• Capacity Building*: Seeking modern technology and training staff will enhance efficiency and productivity.
• Exploration and Development*: Activating the Kolmani Oil Field in Bauchi and prioritizing exploration in Borno will increase oil production and revenue.
• Gas Processing*: Establishing a gas processing plant in Borno will harness gas reserves, eliminate transportation costs, and provide a local supply for the Maiduguri Power Plant.

By addressing these challenges, Ojulari and Kida can make a lasting impact on Nigeria’s oil and gas industry and cement their legacy.

Hon. Yusuf Adamu, Former Staff of NNPC PPMC

NNPCL: Kida, Ojulari’s complementary expertise makes them a formidable team