Oil sector: We’re watching market dynamics – CEO

Abunasty Nigeria Limited's CEO, during the firm's 10th-anniversary celebration in Kano, revealed ambitious plans to expand beyond the oil and gas sector into real estate and renewable energy over the next decade. The company, which started small 15 years ago as a transporter and later evolved into an independent petroleum marketer with fuel stations and a fleet of petroleum products, has since diversified into real estate and import-export machinery.

The CEO expressed gratitude for the growth, stating that the vision is to become one of the leading oil and gas companies in Nigeria while heavily investing in renewable energy. Despite oil's dominance in the next decade, the company is also exploring solar and green energy solutions.

The shifting government policies, including the commencement of operations at the Dangote Refinery, have altered the competitive landscape, but the CEO remains optimistic that with God's grace, they will overcome challenges and move forward.