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Setting the record straight: Meritocracy and milestones at NNPC, By Olufemi Soneye

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It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited.

First, employment, promotions, appointments, and movements of business leaders at the NNPC are not influenced by ethnicity, tribe, religion, or political affiliation. Therefore, decisions within the NNPC are guided strictly by merit, business requirements, and expertise.

This approach ensures that only the most qualified and competent individuals occupy positions that are critical to the company’s success. It is significant that our company focuses on efficient and effective service delivery, which is anchored on the commitment of qualified work team.

The NNPC prides itself on being a professional organisation with a diverse leadership lineup that includes individuals from various parts of the world, not just Nigeria. The presence of qualified foreigners in the employ of the NNPC, who have been bolstering the value chain of production and distribution of allied products, is verifiable.

It is, thus, sad that a professor of Mr Kperogi’s standing would resort to and play up the issue of ethnic identities in the configuration of the work team in NNPC just to demonise President Tinubu.

This editorial preoccupation of Mr Kperogi is nothing but sheer red herring, ostensibly orchestrated to detract the President’s disciplined leadership that upholds the freedom of the NNPC as well as the company’s work ethic that has produced its strings of sterling performances.

Under the leadership of Mele Kyari, the NNPC has achieved remarkable milestones and recorded several “firsts” in the industry.

These milestones were not defined, coloured or contoured by primordial fault-lines of tribe and religion. They were inspired by the collective drive for excellence.

These milestones include groundbreaking advancements in exploration, production, and global partnerships that were previously thought unattainable.

This success is a testament to the company’s focus on competence and professionalism rather than on parochialism as insinuated in the editorial offerings by Mr Kperogi.

Regarding Mr Kperogi’s notions about President Bola Ahmed Tinubu, it is essential to highlight that Mr President has not interfered in the operations or leadership movements within the NNPC. On the contrary, his administration has introduced transformative policies that have added immense value to the oil and gas sector and the broader Nigerian economy.

President Tinubu’s approach has been to empower institutions like the NNPC to operate independently while fostering a conducive environment for growth and innovation.

His reforms have set a benchmark that has significantly improved the sector, surpassing the achievements of many of his predecessors.

It is disappointing that individuals like Mr. Kperogi, who have lived and observed governance structures abroad, would overlook these accomplishments and focus on divisive narratives.

Symbolism, while important, must not overshadow the substantive achievements and transformative impact of policies and leadership on national development.

We extend an open invitation to Mr. Kperogi to visit the NNPC and witness firsthand the professionalism, sacrifices, and daily efforts that go into driving Nigeria’s economic engine.

He will see a team that works tirelessly to contribute to the growth of our economy and the prosperity of our nation.

The NNPC remains committed to fostering unity, embracing diversity, and upholding the principles of meritocracy. It is through such commitments that we can continue to work to achieve and strengthen national cohesion and position Nigeria as a global leader in the energy sector.

We urge commentators and stakeholders alike to base their assessments on hard facts and evidence, rather than conjectures, for the greater good of our nation.

■ Olufemi Soneye is the Chief Corporate Communications Officer of the NNPC Ltd.

Business

CBN approves Union Bank, Titan merger

The bank has assured customers that there will be no disruption to existing services, account details will remain unchanged, and customers will continue to access a full suite of products and services seamlessly.

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The Central Bank of Nigeria has approved the merger of Union Bank of Nigeria with Titan Trust Bank Limited,.

This is disclosed in a statement from the bank’s Chief Brand and Marketing Officer, Olufunmilayo Aluko.

Under the terms of the merger, Union Bank has fully absorbed Titan Trust Bank’s operations and assets.

The new institution will continue to operate under the Union Bank brand, while Titan Trust Bank ceases to exist as a separate entity.

With an expanded footprint of over 293 service centres and 937 ATMs nationwide, supported by strengthened digital channels, Union Bank is poised to deliver enhanced value across retail, SME and corporate segments.

Union Bank’s Managing Director and Chief Executive Officer, Yetunde Oni, described the development as “a pivotal moment in our 108-year journey and a launchpad for delivering greater value to our customers.

By blending stability with innovation, we are better positioned to meet the evolving needs of Nigerians and to be their most trusted financial partner.”

The Chairman of the Board of Directors, Bayo Adeleke, added: “This is a new era of growth, collaboration, and shared prosperity. By bringing together the strengths of both institutions, we are committed to creating lasting value for our customers, shareholders, and communities while advancing Nigeria’s financial inclusion agenda.”

The bank has assured customers that there will be no disruption to existing services, account details will remain unchanged, and customers will continue to access a full suite of products and services seamlessly, with an accelerated push towards enhanced digital solutions.

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We are under attack – NNPCL GCEO, Ojulari

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Bayo Ojulari, Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), has announced that he and his management team are currently under serious threat.

Ojulari said his offense is the reforms he has introduced in the oil and gas sector in line with the mandate given to him by President Bola Tinubu to turn around the moribund refinery.

He raised this alarm on Thursday, lamenting that some powerful elements are plotting to remove him from the seat.

The NNPCL boss raised the alarm when he received the delegation of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, led by its President, Comrade Festus Osifo, at the company’s headquarters, Abuja.

Details shortly…

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Govt, stakeholders to explore industrial policy at W’Africa Manufacturing summit

The collaboration will take centre stage at the West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition 2025, scheduled for October 2025, in Lagos.

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•The Minister of State for Industry, John Enoh

The Federal Government has committed to exploring strategies for implementing the new National Industrial Policy to scale industries and transform West Africa’s economic future, alongside manufacturing stakeholders at an upcoming summit.

The collaboration will take centre stage at the West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition 2025, scheduled for October 2025, in Lagos.

The Minister of State for Industry, John Enoh, at a press conference on Wednesday in Lagos, declared that Nigeria will build its industrial policy on past executive orders targeted at promoting local content, but with a stronger push through the Nigeria First policy.

He said, “The previous administrations have tried to enable industrial growth by coming up with various executive orders.

Those include Executive Orders Three and Five, which were targeted at matters about public procurement and giving priority to Nigerian-made goods.

With the announcement of the Nigeria First policy, what becomes of it will be a function of what this administration does.”

Enoh noted that the Ministry of Industry, Trade, and Investment would follow up on the policy with a nationwide campaign to promote patronage of Nigerian goods and services.

He explained, “The hope is that in the next few months, we’re going to start a national campaign on buying made-in-Nigeria goods and services to follow up the presidential pronouncement of the Nigeria First policy.

We found out that the country could earn about N3tn more in the short term if we can run a successful campaign that can also shift the attitudes of Nigerians.

(The Punch)

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