Strategic Partnership Vital To Unlocking Downstream Sector Potential -Ojulari
By Sunday Etuka, Abuja
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bayo Ojulari, has underscored the importance of strategic partnerships to unlocking value, achieving sustainability, and advancing commercialization within the nation’s downstream petroleum sector.
Engr. Ojulari stated this while speaking at the 2025 Inaugural Annual Downstream Petroleum Week, organized by the House of Representatives Committee on Petroleum Resources (Downstream), on Tuesday.
According to a statement by the Chief Corporate Communications Officer of the NNPC Ltd., Andy Odeh, the GCEO, who was represented by the Executive Vice President, Downstream, Mr. Mumuni Dagazau, described Nigeria’s downstream landscape as one shaped by transition, opportunity, and strategic reform, Ojulari stressed the importance of collaboration as a yardstick to sustainable energy future.
He noted that Africa’s energy demand is expected to grow significantly in the coming years, with Nigeria at the forefront. This, he said, calls for coordinated efforts and collective responsibility to harness emerging opportunities and ensure inclusive, long-term sectoral growth.
On the domestic front, he reaffirmed NNPC Ltd.’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 also 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 Ltd., remains committed to fostering stakeholder engagement and advancing collaborative models for sector-wide growth.
The event, held at the National Assembly Complex, with the theme: “Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector.” had in attendance downstream sector players and legislators.
