Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, has resumed official duties on Monday, August 4, 2025, despite widespread rumours of his resignation.
Diaspora Digital Media gathered that Ojulari arrived at the NNPC headquarters around 9:35 am.
His presence immediately put to rest speculations that he had stepped down from the role.
A top security official confirmed his resumption.
The source disclosed to Vanguard that Ojulari was fully engaged with his daily responsibilities as of this morning. The GCEO was said to have gone straight into meetings with top management staff after arriving.
Meanwhile, an internal memo has been circulated within NNPC. It urged employees to disregard the trending reports on social media suggesting that Ojulari had tendered his resignation.
The memo clearly stated that Ojulari remained in charge and that operations across departments should continue without disruption. “Disregard all false claims online. The GCEO is actively at work,” the message emphasized.
On Sunday, multiple unverified reports began circulating on X (formerly Twitter) and other platforms.
The posts claimed that Ojulari had either resigned or been forced out of office.
Some even speculated political interference or corporate fallout as possible reasons for the alleged resignation.
However, as Ojulari resumed and got back to business, the NNPC made no official public statement yet.
Nevertheless, the presence of the GCEO in the office today strongly counters the growing online narrative.
Ojulari’s silence so far appears strategic. NNPC insiders believe he may address the rumours during the company’s next internal press briefing or stakeholder meeting.
For now, staff are proceeding with normal operations. Security has also been tightened at the NNPC Towers in Abuja as media crews began gathering outside the building.
This development comes as the petroleum sector grapples with subsidy concerns, oil theft, and production targets. Industry analysts say any leadership uncertainty at the NNPC could trigger market anxiety.
But for now, Ojulari’s return to his desk offers some calm at least until an official statement provides further clarity.
