Nigeria's Energy Potential Highlighted at CERAWeek 2026

At CERAWeek 2026, held from March 23-27 in Houston, Texas, Engr Bashir Bayo Ojulari, the Group Chief Executive Officer of NNPC Limited, presented a pragmatic assessment of Nigeria's energy future. He asserted that Nigeria possesses a clear value proposition for energy investment, emphasizing the country's strong fundamentals.

Ojulari discussed the necessity of balancing immediate energy needs with long-term transition strategies, advocating for a disciplined approach to capital allocation. He noted Nigeria's significant hydrocarbon reserves, including 600 trillion cubic feet of proven gas reserves, which are crucial for industrial growth and energy security.

Ojulari highlighted the importance of establishing stable policies and improving energy infrastructure to attract global investments. He also mentioned the critical role of partnerships in de-risking Nigeria's deepwater assets and ensuring regulatory certainty.

The event gathered global energy leaders to explore the convergence of energy technology and geopolitics, with Ojulari outlining a strategic shift towards resource monetization and competitive fiscal frameworks.