The Group Chief Executive of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, says that forging strategic partnerships remains vital to unlocking value, achieving sustainability and advancing commercialization within the Nigerian downstream petroleum sector.
Speaking in at the 2025 Inaugural Annual Downstream Petroleum Week organized by the House of Representatives Committee on Petroleum Resources (Downstream) in Abuja on Tuesday, Mr. Ojulari, described the Nigerian downstream landscape as one shaped by transition, opportunity, and strategic reform, stressing the importance of collaboration as a yardstick to sustainable energy future.
Represented by the Executive Vice President (Downstream) of the organization, Mumuni Dagazau, Ojulari said that Africa’s energy demand was expected to grow significantly in the coming years, with Nigeria at the forefront.
According to him, this calls for coordinated efforts and collective responsibility to harness emerging opportunities and ensure inclusive, long-term sectoral growth.
Ojulari reaffirmed NNPCL’s commitment to ensuring consistent fuel availability, competitive pricing and uncompromising quality assurance across all its retail network nationwide.
”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,” he said.
Ojulari commended the lawmakers at 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, the NNPC Ltd., remains committed to fostering stakeholder engagement and advancing collaborative models for sector-wide growth.
The event, which had the theme: “Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector” was attended by downstream sector players and legislators.
GIK/APA