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“Say Whatever You Want” – NNPCL CEO Opens Up On Dangote Refinery Operations.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has hailed the Dangote Petroleum Refinery as a key stabiliser for Nigeria’s energy sector, especially as government-owned refineries continue to struggle to meet domestic fuel demand.....KINDLY READ THE FULL STORY HERE▶
Ojulari made the remarks on Wednesday during a fireside chat titled “Securing Nigeria’s Energy Future” at the 2026 Nigeria International Energy Summit in Abuja.
He noted that the operational Dangote Refinery has provided much-needed relief to NNPC in its efforts to maintain a steady fuel supply across the country. Urging Nigerians to recognise the refinery’s importance regardless of personal opinions about its owner, Ojulari said the plant’s performance had drawn widespread praise from summit participants.
“Thank God for Dangote Refinery. Thank God. Whether you love Dangote or not, say whatever you want, Nigerians should be thankful for this refinery,” Ojulari said, earning applause from the audience.
The CEO highlighted that the 650,000 barrels-per-day refinery came online at a time when Nigeria’s state-owned refineries were struggling to deliver refined products at scale. He emphasised that the facility has eased pressure on NNPC and mitigated the country’s vulnerability to supply disruptions.
“Yes, it may not cover all our needs, but it gives us breathing space. And fortunately, we are also shareholders in that refinery,” he added.
‘Thank God He’s a Nigerian’
Ojulari further stressed that local ownership of the refinery is a major advantage for Nigeria’s energy security.
“Thank God he’s a Nigerian. He’s not from another continent or planet. That gave us an opportunity because we now have a refinery that actually works,” he said.
While the refinery does not yet meet the nation’s full fuel demand, its operations have significantly strengthened the country’s supply chain resilience.
Ojulari’s remarks also reflect a shift from the historically strained relationship between NNPC and the Dangote Group, which had previously faced clashes over crude supply terms, regulatory approvals, pricing, and market concerns.
Under the current leadership, NNPC has adopted a more collaborative approach.
“So we said, what’s the hurry? We have a refinery that works. It’s not owned by NNPC, but it’s a Nigerian refinery, built and operating in Nigeria,” Ojulari explained.
He added that NNPC has engaged directly with Alhaji Aliko Dangote to establish a cooperation framework under the Petroleum Industry Act.
“Our strategy is to collaborate with Dangote Refinery and maximise value for Nigerians. We met with Alhaji Dangote, outlined our responsibilities, and agreed on a path toward deeper collaboration while maintaining NNPC’s role,” Ojulari said.
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