PRESS RELEASE

STRATEGIC ALLIANCES KEY TO DOWNSTREAM SECTOR GROWTH -- NNPC LTD.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has emphasized that forging strategic partnerships remains vital to unlocking value, achieving sustainability, and advancing commercialization within the nation's downstream petroleum sector.
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Group CEO, Engr. Bashir Bayo Ojulari, who was represented by the Executive Vice President, Downstream, Mr. Mumuni Dagazau, disclosed this in an address during the 2025 Inaugural Annual Downstream Petroleum Week, organized by the House of Representatives Committee on Petroleum Resources (Downstream), on Tuesday.
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Describing 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.
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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.
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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.
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"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.
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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.

Signed
Andy Odeh
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
14th October 2025