Shettima Launches New Headquarters for Northwest Petroleum

On October 1, Vice President Kashim Shettima inaugurated the ultra-modern corporate headquarters of Northwest Petroleum and Gas Company Limited in Lagos. He described the facility as a transformative development for Nigeria's oil and gas industry, signaling the company's readiness for long-term service in a changing global energy economy.

Shettima praised the expansion of Northwest Petroleum, a significant indigenous player in Nigeria's downstream sector, and highlighted the importance of Nigerian ownership and capacity to compete. He attributed the renewed investment in the oil industry to the economic reforms of President Bola Tinubu, including the removal of petroleum subsidies and foreign exchange market reforms.

Shettima assured that the Tinubu administration would continue to create favorable conditions for enterprise and technological advancement, emphasizing the need for private enterprises to drive employment and opportunities. He commended Northwest Petroleum for its strong presence in the oil and gas value chain since 1998.