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PETROAN to NNPC boss: Stop queuing behind Dangote, do your job

by Catherine Agbo
February 5, 2026
in Business Scene, Lead of the Day
0
NNPC to select technical partners for refineries June 2026

NNPCL GCEO, Bayo Ojulari

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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has criticised Bayo Ojulari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, over his comments about the Port Harcourt refinery.

The association called on the NNPC GCEO to understand that his appointment was to solve problems, “not to retreat behind the success of a private refinery.”

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PETROAN in a statement by the national public relations officer, Joseph Obele, while reacting to comments by Ojulari that his leadership stopped operations at state-owned refineries because they were operating at monumental loss and that Nigerians should be thankful for the success of Dangote Refinery, said such comments were capable of eroding investor confidence, weakening Nigeria’s energy security framework, and undermining years of policy efforts aimed at domestic refining, price stability, and job creation.

PETROAN asked the NNPC chief executive not to use the failure of the state-owned asset as a basis for praising the Dangote refinery.

Acknowledging the strategic importance and commendable achievement of the privately owned refinery, Obele said private investment cannot replace the constitutional and economic obligation of the government to efficiently manage public assets.

“Dangote Refinery is a private investment driven by profit and efficiency. NNPC, on the other hand, holds national assets in trust for Nigerians. One cannot be used as an excuse for the failure of the other,” Obele said.

He warned that repeated public admissions of incompetence by NNPC leadership could erode investor confidence, weaken Nigeria’s energy security framework, and undermine years of policy efforts aimed at domestic refining, price stability, and job creation.

Obele called on the NNPC GCEO to understand that his appointment was to solve problems, “not to retreat behind the success of a private refinery”.

He described as “most worrisome” the assertion that there is no urgency to restart the Port Harcourt Refinery because Dangote is currently meeting Nigeria’s fuel needs.

“Such a statement is annoying, unacceptable, and indicative of leadership that is not solution-centric,” Obele said.

The PETROAN PRO said Nigeria cannot continue to normalise waste, institutional failure, and retrospective justification of poor decisions.

He stressed that admitting failure is only meaningful when followed by accountability, reforms, and a clear, credible plan to prevent recurrence.

Obele further said he will lobby civil society groups and relevant stakeholders to explore legal options “to demand the removal of the NNPC GCEO should the Port Harcourt Refinery fail to resume operations on or before 1 March 2026”.

He warned that after the huge sums already spent on rehabilitation, continued shutdown could cause rust, corrosion, and equipment failure, ultimately rendering the entire revamp effort futile without urgent action.

 

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