Strategic Alliances, Key to Downstream Sector Growth — NNPC

NNPC underscores the importance of partnerships and collaboration to drive sustainability, commercialisation, and inclusive growth in Nigeria’s downstream petroleum sector.

Strategic Alliances, Key to Downstream Sector Growth — NNPC

By Naija Enquirer Staff

The Nigerian National Petroleum Company Limited (NNPC) has highlighted the importance of forging strategic alliances as the foundation for unlocking value, promoting sustainability, and advancing commercialisation within Nigeria’s downstream petroleum sector.

Group Chief Executive Officer, Engr. Bashir Bayo Ojulari, represented by the Executive Vice President, Downstream, Mr. Mumuni Dagazau, made this known during the 2025 Inaugural Annual Downstream Petroleum Week organised by the House of Representatives Committee on Petroleum Resources (Downstream) on Tuesday.

Collaboration as the Path to a Sustainable Future

Describing Nigeria’s downstream petroleum landscape as one defined by transition, opportunity, and reform, Ojulari underscored that collaboration and strategic partnerships are key to achieving a sustainable energy future. He noted that Africa’s energy demand is expected to grow substantially in the coming years, with Nigeria taking a leading role.

“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 stated. “Everyone needs to get involved in the activities that will ultimately create a sustainably promising future for Nigeria.”

Ensuring Consistency and Quality in Fuel Supply

Ojulari reaffirmed NNPC’s commitment to maintaining steady fuel availability, competitive pricing, and uncompromising quality assurance across all retail outlets nationwide. He added that the company is focused on aligning operational efficiency with strategic partnerships to strengthen the downstream value chain.

Commendation for Legislative Support

He also commended the National Assembly and the House of Representatives Committee on Petroleum Resources (Downstream) for convening the strategic forum, describing it as a vital step toward uniting stakeholders to address industry challenges and explore new growth models.

Ojulari reaffirmed that NNPC, as both a commercial and national energy entity, remains committed to fostering stakeholder engagement and advancing collaborative models that will ensure inclusive growth across the downstream petroleum sector.

The event, held at the National Assembly Complex, was themed “Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector.” It brought together key players from the downstream industry, legislators, and energy stakeholders to discuss the future of Nigeria’s petroleum market.