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NNPC Targets Broader Energy Role, Says Ojulari

NNPC Targets Broader Energy Role, Says Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Bayo Ojulari, says the company is repositioning itself beyond oil and gas production to become a platform that drives investment, innovation and sustainable energy development across Nigeria and Africa.

Ojulari made the remarks in a statement on Monday while reflecting on NNPC Ltd.’s participation at the 2026 Nigeria Oil and Gas (NOG) Energy Week, where the company outlined its strategy for strengthening partnerships and supporting the continent’s evolving energy sector.

NOG Energy Week, Nigeria’s flagship annual energy conference, brings together policymakers, regulators, investors, international and indigenous energy companies, and technology providers to discuss investment opportunities, energy security, gas development, decarbonisation and the future of Africa’s energy industry.

Speaking on the company’s vision, Ojulari said NNPC Ltd.’s transformation extends beyond hydrocarbon production and is focused on creating long-term value through strategic collaboration.

“We no longer view NNPC Limited as merely an energy producer, but as an ecosystem builder—connecting capital, technology, policy, talent and markets to create lasting value for Nigeria and Africa,” he said.

He added that the new direction would guide the company’s approach to partnerships and investments across the energy value chain, with the goal of accelerating Africa’s energy development.

Ojulari also shared a video highlighting NNPC Ltd.’s activities and engagements during the week-long conference, describing the event as an opportunity to reinforce the company’s strategic priorities.

Since its transition into a commercially driven company under the Petroleum Industry Act, NNPC Ltd. has focused on improving operational efficiency, expanding strategic partnerships and strengthening its position in Africa’s energy landscape. The Federal Government has identified the energy sector as a key driver of economic growth through reforms aimed at attracting investment, increasing oil and gas production and expanding domestic gas utilisation.

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