The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr. Mele Kyari.

In a brief handover ceremony held at the NNPC Towers on Friday, April 4, 2025, the GCEO commended Kyari for his contributions to the growth of NNPC Ltd and his sterling service to the nation.
He disclosed that the objective of his management was to consolidate on the successes of his predecessor and take the company to the next level.
He said though the targets set for his management were quite enormous, he would be relying on the co-operation of the Management and staff of the company, as well as the counsel of his predecessor to achieve set targets.
“I will be counting on your support. I will need it. I will be coming around to seek your counsel,” Ojulari told Kyari.
Earlier in his remarks, Kyari congratulated Ojulari and thanked the Management and staff of the company for their support while in office.
He pledged to do everything within his power to support the new Management to succeed, stressing that he was only a call away.
In a related development, following the appointment of the new GCEO and Board of Directors, the NNPC Ltd. also announced the appointment of a new eight-man Senior Management Team.
The team which would be headed by the GCEO, has Mr. Rowland Ewubare as the Group Chief Operating Officer; Mr. Adedapo Segun as the Group Chief Financial Officer; and Mr. Olalekan Ogunleye as Executive Vice President Gas, Power and New Energy.
Other members of the team are: Udy Ntia as Executive Vice President Upstream; Mumuni Dangazau as Executive Vice President Downstream; Sophia Mbakwe as Executive Vice President Business Services; and Adesua Dozie, as Company Secretary and Chief Legal Officer.
According to the NNPC, all appointments are with immediate effect.