The Group Chief Executive Officer of Nigerian National Petroleum Corporation (NNPC) Ltd., Bayo Ojulari, has revealed the corporation’s plans to bring the nation’s refineries back into operation.

Ojulari made the revelation at the ongoing Nigeria International Energy Summit in Abuja.

He said: “Getting refineries up and running requires three critical elements: financing, a competent EPC contractor, and world-class operational capacity. That is exactly our focus at the moment.”

“NNPC Ltd is now better positioned for commerciality and sustained profitability, driven by the ongoing transformation agenda aimed at securing Nigeria’s energy future.”

According to a statement by the Company’s Chief Corporate Communications Officer, Andy Odeh, Ojulari said:

“We initiated a fundamentally different engagement model with our partners, which focused on improving systems and processes for win-win outcomes in production acceleration and contracting.”

“There was also the decisive intervention by the Federal Government to mitigate security challenges in the Niger Delta through a structured surveillance framework, including the deployment of AI-enabled solutions and security personnel.”

“This has helped stabilise operations, ensure production consistency, and deepen collaboration with host communities through targeted Corporate Social Responsibility (CSR) initiatives that address fundamental social issues.”