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CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari (7770 Views)

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CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by ogugwa1992(op): 4:35pm On Dec 02, 2025
CBN Governor Cardoso Pays Courtesy Visit to NNPC GCEO Ojulari, Emphasises Strategic Partnership for Economic Stabilisation

[b]-The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Monday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr Bayo Ojulari, at the NNPC Towers in Abuja.

The visit, described by the NNPC as “a moment of significant alignment and shared purpose,” focused on strengthening collaboration between the two institutions in pursuit of national economic stabilisation.

In a statement posted on its official X handle shortly after the meeting, NNPC Ltd said the dialogue “moved beyond mere discussion into a strategic confluence of vision, centred on the vital national imperative of economic stabilisation through deliberate partnership.”

The company reiterated its belief that sustainable progress in Nigeria’s energy sector and broader economy can only be achieved through collaboration.

“NNPC Limited operates on the firm conviction that true progress is collaborative. We are dedicated to forging synergies that enhance operational efficiency across every critical facet of our enterprise, understanding that our collective strength fuels national advancement,” the statement read.

You would recall that the NNPCL under the leadership of Ojulari has witnessed a tremendous growth and transparency as the company declared N5.4t rillion profit after tax for the year 2024.

Besides, Ojulari revealed revenue rose to N45.1 trillion from the N23.9trillion recorded in 2023.

In the 2024 report, while dividends were N4.3 trillion, earnings per share was N27.07.

Neither the CBN nor NNPC Ltd disclosed specific outcomes or agreements from the closed-door meeting. However, sources familiar with the discussions indicated that both leaders explored areas of mutual interest, including liquidity management in the oil and gas sector, foreign exchange reforms, and measures to boost investor confidence in the Nigerian economy.

The courtesy call comes amid ongoing efforts by the federal government to align fiscal and monetary policies in addressing persistent macroeconomic challenges, including inflation, currency volatility, and dwindling foreign reserves.

Mr Cardoso assumed office as CBN Governor in September 2023, while Mr Ojulari was appointed GCEO of the newly commercialised NNPC Ltd in April 2025.
https://www.facebook.com/share/p/1A81dZsBLg/?mibextid=wwXIfr

Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by ThunderFireAgba: 5:06pm On Dec 02, 2025
One of the few intelligent CBN governors we ever had.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by StrongHustler(m): 5:06pm On Dec 02, 2025
Just like the CBN governor, I'm intelligent and making it big with football betting.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by PlutoChief: 5:06pm On Dec 02, 2025
Good for him at least him fit make fuel price come down to 100 naira as he did to the dollar
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by greatiyk4u(m): 5:07pm On Dec 02, 2025
Did he go there with police escorts?
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by harrylite: 5:07pm On Dec 02, 2025
Meeting of the Titans. Great minds doing great things
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Kingpele(m): 5:08pm On Dec 02, 2025
The meeting of National yam eaters association
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Pootle: 5:11pm On Dec 02, 2025
every cbn governor with their own wahala, this one own na TIN

see em shine shine head like tax
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Guestmale: 5:13pm On Dec 02, 2025
Two house of money meet each other.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by grandstar(m): 5:19pm On Dec 02, 2025
Had the Naira been floated in 1999, and the fuel subsidy removed.

The economy would not be where it is today.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Giftedhand47(m): 5:19pm On Dec 02, 2025
StrongHustler:
Just like the CBN governor, I'm intelligent and making it big with football betting.
Drop code for us my brother let's make it together
Abi e no good make we shine together
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Giftedhand47(m): 5:20pm On Dec 02, 2025
greatiyk4u:
Did he go there with police escorts?
He's excluded
He's the cbn governor

Na VIPs dem talk
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by olaniyilukman(m): 5:26pm On Dec 02, 2025
ThunderFireAgba:
One of the few intelligent CBN governors we ever had.
always reasoning as a functioning human before you comment, what makes him stand out as one of the few best, the same CBN that under his watch, naira is worthless and almost few of our currency are functioning well in the market
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by StrongHustler(m): 5:27pm On Dec 02, 2025
Giftedhand47:
Drop code for us my brother let's make it together
Abi e no good make we shine together
You can follow me through my profile, I drop codes every day.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by EponObi(f): 5:27pm On Dec 02, 2025
When Cardoso first started and was cleaning up, the war and tribulation seemed unsurmountable. I'm happy he successfully steadied the ship and put the dollar cabals in their place.

No one disturbs him nowadays.

The headmaster, indeed!

When two iron meet, na one go bend. The cabals don bend. The emergency lovers of Nigeria too don mechi ọnụ. Dem don switch to Trump and Christian genocide as economy propaganda no "jawo" again 😂
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Lekby25: 5:28pm On Dec 02, 2025
grandstar:
Had the Naira been floated in 1999, and the fuel subsidy removed.

The economy would not be where it is today.
That is if the money is managed well
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by ThunderFireAgba: 5:28pm On Dec 02, 2025
olaniyilukman:
always reasoning as a functioning human before you comment, what makes him stand out as one of the few best, the same CBN that under his watch, naira is worthless and almost few of our currency are functioning well in the market
Mr, Avoid me and Avoid my post. I take God beg you.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by EponObi(f): 5:32pm On Dec 02, 2025
olaniyilukman:
always reasoning as a functioning human before you comment, what makes him stand out as one of the few best, the same CBN that under his watch, naira is worthless and almost few of our currency are functioning well in the market
He's the best CBN we've ever had. Leave story.

You can hate his person but respect his work.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by israelmao(m): 5:34pm On Dec 02, 2025
Scratch my back then I scratch yours.It is the shortest way of reconciling unremitted crude oil remittances. grin
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Heffalump(m): 5:45pm On Dec 02, 2025
grandstar:
Had the Naira been floated in 1999, and the fuel subsidy removed.

The economy would not be where it is today.
As far as corruption thrives and we play politics like Baboons in the animal kingdom, things wouldn't have changed much.

Nigerian leaders and politicians are not patriotic. That's the reason why most of them have dual citizenship. Everyone wants to grab and grab till there's no more.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by PDPdestroyer(m): 5:53pm On Dec 02, 2025
The best CBN governor ever!
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Omalicious1: 5:57pm On Dec 02, 2025
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by creativejagaban: 6:04pm On Dec 02, 2025
ogugwa1992:
https://www.facebook.com/share/p/1A81dZsBLg/?mibextid=wwXIfr
This CBN governor is an intelligent personality. Not that lieing liar Childish Chidi Odinkalu, who lies profusely that Judges were singing On Your Mandate We Shall Stand.

Childish Chidi is an emotional being that tickle with the emotions of his fellow travelers.


Tinubu till 2031.

On His Mandate We Shall Stand
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by simpleseyi: 7:05pm On Dec 02, 2025
greatiyk4u:
Did he go there with police escorts?
Yes, he did. He is a person of interest to your godfather Godwin Emefielelele
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by simpleseyi: 7:07pm On Dec 02, 2025
olaniyilukman:
always reasoning as a functioning human before you comment, what makes him stand out as one of the few best, the same CBN that under his watch, naira is worthless and almost few of our currency are functioning well in the market
No kee yourself, we no send you. He us the one who is bold enough to float the Naira immediately world’s boldest man Tinubu JAGABAN withdrew FOREX subsidy
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Jagabanfromcali: 7:35pm On Dec 02, 2025
Am sure all the interactions was done in Yoruba.
Yoruba Power , Power Yoruba , na una get the world now , we go see how far
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by Burob: 8:22pm On Dec 02, 2025
olaniyilukman:
always reasoning as a functioning human before you comment, what makes him stand out as one of the few best, the same CBN that under his watch, naira is worthless and almost few of our currency are functioning well in the market
Just say that the small change u have in your savings account is worthless.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by ZooOga: 8:34pm On Dec 02, 2025
I'm hoping these two powerful Ogas kept the masses in mind during their meeting/discussion.
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by commoditiesnig(m): 10:39pm On Dec 02, 2025
Great job mr Cardoso

EponObi:
When Cardoso first started and was cleaning up, the war and tribulation seemed unsurmountable. I'm happy he successfully steadied the ship and put the dollar cabals in their place.

No one disturbs him nowadays.

The headmaster, indeed!

When two iron meet, na one go bend. The cabals don bend. The emergency lovers of Nigeria too don mechi ọnụ. Dem don switch to Trump and Christian genocide as economy propaganda no "jawo" again 😂
I tell you, he really took bold policies regardless of criticisms all over, they hurled all sorts of insults at him.. now he’s praised all over, everywhere settled.

Indeed It’s good to be bold and follow thru your conviction
Re: CBN Governor Cardoso Pays Courtesy Visit To NNPC GCEO, Ojulari by commoditiesnig(m): 10:41pm On Dec 02, 2025
PDPdestroyer:
The best CBN governor ever!
Absolutely he is. Kudos to him
1 2 Reply

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