The Nigerian National Petroleum Company Limited (NNPCL) has emphasised that forging strategic partnerships remains vital to unlocking value, achieving sustainability and advancing commercialization within the nation’s downstream petroleum sector.
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The Group Chief Executive Officer (GCEO) of the nation’s oil company, Bayo Ojulari, stated this while delivering an address during the 2025 Inaugural Annual Downstream Petroleum Week, organized by the House of Representatives Committee on Petroleum Resources (Downstream), on Tuesday.
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Ojulari, who was represented by the Executive Vice President, Downstream, Mr Mumuni Dagazau, describedý Nigeria’s downstream landscape as one shaped by transition, opportunity, and strategic reform highlighting the importance of collaboration as a yardstick to sustainable energy future.
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According to him, Africa’s energy demand is expected to grow significantly in the coming years, with Nigeria at the forefront as he called for coordinated efforts and collective responsibility to harness emerging opportunities and ensure inclusive, long-term sectoral growth.
A statement signed Chief Corporate Communications Officer (CCCO) of NNPCL, Andy Odeh, said NNPC boss reaffirmed the company’s commitment to ensuring consistent fuel availability, competitive pricing and uncompromising quality assurance across all its retail network nationwide.
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He said, The opportunity to create sustainable economy for today and the future is hinged on supply partnership, infrastructure co-investments, security partnerships, host community cooperation and operational alliance. Everyone needs to get involved in the activities that will ultimately create a sustainably promising future for Nigeria.’
ýýOjulari commended the National Assembly and the House of Representatives Committee on Petroleum Resources (Downstream) for convening the strategic forum, assuring that as a commercial and national energy entity, NNPC remains committed to fostering stakeholder engagement and advancing collaborative models for sector-wide growth.