The Nigerian National Petroleum Company Limited (NNPC Ltd) has reiterated its commitment to ensuring steady fuel supply, fair pricing, and high product standards nationwide, while emphasizing that strong partnerships are essential to advancing Nigeria’s downstream oil and gas sector.

Speaking at the maiden Annual Downstream Petroleum Week in Abuja, organised by the House of Representatives Committee on Petroleum Resources (Downstream), NNPC’s Group Chief Executive Officer, Bayo Ojulari, said collaboration and innovation are key to unlocking opportunities in the evolving energy landscape.

Ojulari described the downstream industry as one in transition—shaped by reform, opportunity, and sustainability goals. He stressed that cooperation among stakeholders, from private investors to host communities, is critical to building a secure and competitive energy future.

“With Africa’s energy demand set to surge in the coming years, Nigeria must position itself to lead by fostering supply partnerships, co-investing in infrastructure, strengthening security, and ensuring inclusive growth,” Ojulari said in a statement released by Andy Odeh, NNPC’s Chief Corporate Communications Officer.

He added that long-term stability in the downstream sector will depend on coordinated actions that balance economic growth with energy access and environmental responsibility.

Themed “Celebrating Our Successes, Confronting Our Challenges, and Finding Solutions for the Petroleum Downstream Sector,” the event gathered key players from the oil and gas industry, lawmakers, and regulators to discuss policies, reforms, and investment opportunities.

Ojulari also commended the National Assembly and the committee for organizing the event, noting that such forums are vital for shaping Nigeria’s path toward a more sustainable and efficient energy industry.