Bayo Ojulari seeks co-investment strategies between firms to de-risk Africa’s energy infrastructure

Bayo Ojulari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has called for co-investment strategies between energy firms and institutions to de-risk Africa’s infrastructure and unlock shared prosperity.

According to an X post by the NNPC on Monday, Ojulari addressed investors during a closed-door session of the global oil club, a forum of leading energy companies and institutions, at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025).

He emphasised the urgent need to end energy poverty in Africa through collaboration, innovation, and inclusion.

“Africa’s energy future must be built on collaboration, innovation, and inclusion. NNPC Limited stands ready to co-create solutions that will deliver real impact,” the GCEO said.

Ojulari was said to have led a high-level delegation to the NNPC’s exhibition booth at ADIPEC 2025, reaffirming the company’s commitment to global partnerships, energy equity, and sustainable investment.

The post said he was received by Sophia Mbakwe, executive vice-president of business services at the NNPC, alongside other senior executives.

“The GCEO’s visit underscored NNPC’s strategic presence at one of the world’s most influential energy gatherings,” the company wrote.

“The Chairman of the Board of NNPC Limited and fellow board members were also in attendance, demonstrating unified leadership and support for the company’s international engagements.

“The theme of ADIPEC 2025, “Energy. Intelligence. Impact,” resonates deeply with NNPC’s transformation journey into a commercially driven, global energy company.

“Throughout Day 1, the GCEO held strategic meetings with global energy leaders, exploring partnerships in gas infrastructure, decarbonisation, and upstream investment.”

The national oil firm said it was also represented by Udy Ntia, executive vice-president of upstream, who featured in a global strategy session, titled ‘Beyond the Barrel: The Future of Upstream Strategy’.

Ntia was said to have affirmed the NNPC’s readiness to co-invest in industry-wide solutions while accelerating Nigeria’s oil and gas output in line with national and regional energy targets.

The national oil company said its participation at the global event reflects its role as an energy anchor for Africa and its commitment to delivering intelligent energy solutions with lasting impact.