Group condemns Bayo Ojulari’s PH refinery comments, threatens to push for his removal

Ojulari

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.

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

Earlier today, Ojulari asked Nigerians to thank God for the Dangote refinery, saying it provided a “breathing space” when state-owned refineries were shut down.

“So we said, what’s the hurry? We have a refinery that is working. It’s not owned by NNPC, but it’s built in Nigeria, working in Nigeria,” Ojulari had said. He also said the Port Harcourt plant was incurring monumental losses, which led to the facility’s closure.

In a statement on Wednesday, Joseph Obele, the national public relations officer (PRO), PETROAN, faulted Ojulari’s stance that Nigerians should be “thankful” solely because of the success of the Dangote refinery.

Acknowledging the strategic importance and commendable achievement of the privately owned refinery, he 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.