HighlightOil & Gas

NNPC Ltd. Calls for Strategic Partnerships to Unlock Downstream Sector Potential

"The opportunity to create a sustainable economy for today and the future is hinged on supply partnership, infrastructure co-investments, security partnerships, host community cooperation, and operational alliances"

2.5k
Advertisement




The Nigerian National Petroleum Company Limited (NNPC Ltd) has restated the crucial need for strategic partnerships to unlock value, drive sustainability, and accelerate commercialization within the country’s downstream petroleum sector.

This call for action was made during the 2025 Inaugural Annual Downstream Petroleum Week, which was organized by the House of Representatives Committee on Petroleum Resources (Downstream) on Tuesday.

According to Engr. Bashir Ojulari, Group Chief Executive Officer of NNPC Ltd., the future prosperity of the downstream sector rests squarely on collaboration and coordinated investment among all stakeholders.

“The opportunity to create a sustainable economy for today and the future is hinged on supply partnership, infrastructure co-investments, security partnerships, host community cooperation, and operational alliances,” Ojulari said.

He said collective responsibility, innovation, and policy coherence are essential for building a sustainable energy future.

Ojulari reiterated NNPC Ltd.’s commitment to ensuring steady fuel supply, competitive pricing, and quality assurance across its retail network nationwide.

He emphasized the company’s focus on guaranteeing energy security and advancing partnerships that support downstream market stability.

Persecondnews reports that the 2025 Inaugural Annual Downstream Petroleum Week brought together industry players, regulators, and legislators to discuss the future of Nigeria’s energy sector.

The forum, themed “Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector,” provided a platform for stakeholders to share ideas and find solutions to the challenges facing the downstream segment.

Author

See also  NNPC Ltd. Explores Collaboration with Wood Mackenzie to Achieve Presidential Targets

Leave a comment

Related Articles

NiMet to Journalists: Report Weather and Climate News Accurately

By Omoyeni Ojeifo The Nigerian Meteorological Agency (NiMet) has urged media professionals...

Two Mexicans, Four Nigerians Arraigned in Oyo Over Alleged Methamphetamine Manufacturing

By Omoyeni Ojeifo Two Mexican nationals and four Nigerian collaborators accused of...

Power Minister Tegbe, FGN Power MD Anuwe, To Lead Talks on Nigeria’s 1trillion Naira Economy, Power Supply

By Joycelyn Ellakeche Adah Minister of Power Joseph Tegbe, and the Managing...

Situation Room Slams Sky-High Billboard Costs Ahead of 2027 Polls

By Omoyeni Ojeifo The Nigeria Civil Society Situation Room has faulted presidential...