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"

2.2k
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  New study shows how Nigerian students use alcohol to boost brainpower in exams

Leave a comment

Related Articles

Adeleke: Dancing Is My Hobby, Doesn’t Affect Governance, Extends Olive Branch to Opponents

By Omoyeni Ojeifo Re-elected Osun State Governor Ademola Adeleke has defended his...

UBEC Reopens Second-Chance School for Girls, Young Mothers in Lagos

By Omoyeni Ojeifo Girls and young mothers whose education was interrupted by...

Faleke to Davido: Face Your Music While We Face Our Politics

By Segun Adebayo James Faleke, a member of the House of Representatives,...

₦23M Drug Gamble Backfires as NDLEA Arrests Lagos Businessman at Airport

By Omoyeni Ojeifo A 48-year-old marble dealer’s bid for quick wealth ended...