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Presidency reacts to report claiming NNPCL boss, Ojulari forced to resign

Afolabi Hakim by Afolabi Hakim
August 3, 2025
in National
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  • This followed a statement from NNPCL on June 27, 2025, which raised the alarm over plans to undermine and frustrate the state-owned oil firm’s new leadership

Nigeria’s presidency has cleared the air on a report claiming the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, has been forced out of office.

Recall that an online media outlet, Peoples Gazette, had on Saturday reported that Ojulari was abducted by security operatives from the Economic and Financial Crimes Commission and the Department of State Security.

Ojulari was said to have been taken to a secret location where the Ola Olukoyede, chairman of the anti-graft EFCC, and Adeola Ajayi, director-general of the secret police DSS, forced him to resign.

Olukoyede and Ajayi, according to the media platform, were acting on the orders of President Bola Tinubu’s mistress, Olatimbo Ayinde, who saw Ojulari as a threat to her questionable interest in the state-owned oil company.

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Reacting to the development, Sunday Dare, a presidential spokesperson, dismissed the report, saying nothing of such happened.

In a brief statement on Saturday night, Dare said Ojulari has not been forced to sign his resignation letter.

However, Dare debunked the claim, noting that there is no such thing.

“Not true,” he said.

This followed a statement from NNPCL on June 27, 2025, which raised the alarm over plans to undermine and frustrate the state-owned oil firm’s new leadership.

On April 2, 2025, Tinubu appointed Ojulari as GCEO of NNPCL after the removal of Mele Kyari.

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