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Nigeria Positioned as Prime Energy Investment Destination

Nigeria Positioned as Prime Energy Investment Destination

On Tuesday, Bayo Ojulari, the Group Chief Executive Officer of NNPC, declared Nigeria's entry into a decisive phase in its energy evolution, positioning the country as a prime destination for global energy investment at CERAWeek 2026 in Houston, United States. Ojulari delivered a pragmatic message to energy leaders, emphasizing that Nigeria's fundamentals are no longer in question.

He noted that President Bola Tinubu's administration has granted the national oil company autonomy to pursue sustainable commercial solutions across the energy sector. This move aims to enable NNPC to implement long-term strategies that will strengthen Nigeria's energy security and investment outlook.

Ojulari articulated NNPC's core philosophy focused on clarity and discipline in delivering value. He acknowledged the importance of international partnerships, particularly in deepwater operations, and stressed that Nigeria's vast hydrocarbon resources remain critical for immediate revenue and economic growth, despite the global shift towards cleaner energy.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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