The Nigerian National Petroleum Company Limited (NNPC Ltd) aims to attract $60 billion in investments by 2030 through strategic partnerships to advance Africa’s energy transformation. Speaking at ADIPEC 2025 in Abu Dhabi, GCEO Engr. Bashir Bayo Ojulari highlighted Nigeria’s pivotal role in the continent’s energy landscape, noting that under President Tinubu’s Renewed Hope Agenda, NNPC is driving a shift from an extractive to an investment-led energy economy.
Ojulari said Nigeria’s oil output has risen to 1.7 million barrels per day, targeting 2 million by 2027 and 3 million long term. He emphasized collaboration with OPEC, African NOCs, and investors to mobilize up to $60 billion by decade’s end. Citing flagship projects such as the AKK and OB3 pipelines, he reaffirmed that “Nigeria is open for business, and NNPC Limited is fit for the future.”
