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PWA Throws Weight Behind NNPCL IPO, Applauds Ojulari’s Leadership

Published

6 months ago

April 3, 2026

Joel Ajayi

A leading human rights and advocacy group, Peoples Wellbeing Association (PWA) has declared support for Engr Bashir Bayo Ojulari’s-led NNPC Ltd Nigerian National Petroleum Company Limited’s (NNPC Ltd), groundwork for an initial potential offering (IPO) listing on major global exchanges, including New York and London, aimed at engendering transformation to attract international investors.

The group’s Head of Communication Unit, Comrade Abba Abubakar gave the commendation in a statement on Friday in Abuja.

Abubakar saluted Bashir Bayo Ojulari’s leadership ingenuity and vision for outlining plans to deploy Nigeria’s vast gas reserve to attract investors aimed at increasing revenue for expansion.

“The $20 billion Bonga Southwest deepwater development highlights growing investor confidence.
Reforms, including leadership restructuring, operational integration, and gas expansion, aim to make NNPC globally competitive.

“Ojulari is repositioning NNPCL by focusing on transparency, financial sustainability, and workforce development to attract international investors,” he said.

The PWA Communication Unit Head commended Bayo Ojulari for prioritising internal reforms, hailing him for a pivotal but deliberate approach towards an eventual Initial Public Offering.

According to Abubakar, Ojulari’s strategy is not just about listing, but about building the right fundamentals, transparency, cost efficiency, and world-class project delivery.

He described the proposed IPO reforms as a central pillar of NNPCL’s effort to reposition itself as a globally competitive energy firm, following years of structural inefficiencies and opaque governance.

Abubakar who reaffirmed PWA’s support for NNPCL’,s IPO, said it is key to a sweeping reform agenda that includes leaders
hip restructuring and the integration of talent from international oil companies.

He commended Ojulari for initiating moves that are already strengthening operational capacity of Nigerian National Petroleum Company Ltd (NNPC Ltd), through an improved investor-friendly policy.

The PWA Communication Unit Head hailed Ojulari’s project proposals like Nigeria’s deepwater assets,describing it as a turning point after nearly two decades of stalled investments.

Abubakar however gave kudos to Ojulari for restoring investor-confidence which was lost in the past occasioned by regulatory uncertainty and disputes with international partners.

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Nigeria at 66: ‘We Must Not Lose Faith in Nigeria’ — FCC Boss Omidiran

Published

20 hours ago

October 1, 2026

The Gleamer

Joel Ajayi

The Executive Chairman of the Federal Character Commission (FCC), Honorable Hulayat Motunrayo Omidiran, has called on Nigerians to use the occasion of the nation’s 66th Independence Anniversary to renew their faith in Nigeria, strengthen national unity and recommit themselves to building a more inclusive and prosperous country.

In her 66th Independence Day message, Hon. Omidiran described October 1 as more than a celebration of freedom, saying the anniversary provides an opportunity for Nigerians to reflect on the country’s journey, acknowledge its progress and challenges, and renew the collective determination to build a nation where every citizen has a sense of belonging.

According to the FCC Executive Chairman, the Federal Character Principle remains particularly important to the quest for national cohesion because equitable representation promotes a sense of ownership and confidence in the Nigerian project.

“Nigeria is a nation of great diversity and
enormous potential. Our responsibility is to ensure that this diversity becomes a bridge that connects us rather than a barrier that separates us. Every Nigerian deserves to feel that he or she belongs to this country and has a role to play in its development,” Omidiran said.

The FCC boss called on government institutions at all levels to remain committed to fairness, equity, accountability and inclusive governance, while urging citizens to support efforts aimed at strengthening national institutions and promoting peaceful coexistence.

“We must not lose faith in Nigeria. The challenges before us are real, but so are the opportunities and the enormous human and natural resources available to us. Every citizen has a responsibility to contribute his or her own quota to building the Nigeria we desire,” she stated.

The FCC Executive Chairman also urged young Nigerians to remain committed to acquiring knowledge and skills, entrepreneurship, innovation, sports and other productive ventures, describing the youth as critical stakeholders in the country’s future.

“As we celebrate 66 years of independence, let us remember that the Nigeria we want cannot be built by government alone. It requires the commitment of all of us – leaders and citizens, young and old, from every part of the federation. Together, we can build a Nigeria where justice, fairness, opportunity and peace are available to all,” she said.

Omidiran reaffirmed the FCC’s commitment to the effective discharge of its constitutional mandate and to supporting efforts that promote equitable representation and inclusive national development across the federation.

The former lawmaker wished Nigerians at home and abroad a peaceful and memorable 66th Independence Anniversary, praying for continued peace, stability, prosperity and progress for the Federal Republic of Nigeria.

“Our differences should never be greater than our common identity as Nigerians. Let us continue to choose unity over division, service over self-interest and hope over despair. The Nigeria of our dreams is possible if we all play our part,” Omidiran said.

“On behalf of the Federal Character Commission, I congratulate all Nigerians on this 66th Independence Anniversary. May this occasion renew our patriotism, strengthen our unity and inspire us to work together for a stronger, more equitable and prosperous Nigeria. May God bless the Federal Republic of Nigeria,” she added.

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