Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has urged African international locations to give attention to growing bankable power initiatives as a technique to draw capital and safe a sustainable power future.
Speaking on Monday on the 2025 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE), at present ongoing in Lagos, Ojulari emphasised that Africa should not solely compete for international funding but in addition display why its power prospects are well worth the threat.
“Governments and stakeholders must co-create an industry that is attractive for investments,” Ojulari stated. “The energy transition is not just about resources—it’s about the people.”
Ojulari, who additionally serves on the board of the SPE Nigerian Council, known as for daring and visionary management, stressing that Africa’s power future will likely be formed by the choices made right now.
“The future of energy is not linear, nor is it predetermined,” he famous. “It must be inclusive, people-centered, and based on strategic cross-border collaboration.”
Themed “Building A Sustainable Energy Future: Leveraging Technology, Supply Chain, Human Resources and Policy,” the convention introduced collectively key business gamers, policymakers, and specialists from throughout the continent.
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Ojulari additional advocated for recognition of pure gasoline as a transitional gasoline for Africa, whereas encouraging investments in STEM schooling, inexperienced initiatives, partnerships, and youth empowerment.
“Energy transition must not be imposed. It must be negotiated in a way that allows hydrocarbons and natural gas to co-exist while we chart a path for the future,” he stated.
Earlier, Amina Danmadami, the primary feminine Chair of the SPE Nigerian Council, highlighted the necessity for a holistic strategy to reaching a sustainable power future—one which embraces expertise, environment friendly provide chains, human capital, and efficient coverage.
She additionally underscored the significance of collaboration throughout the business to align nationwide pursuits with international sustainability objectives.
