Mkpoikana Udoma
Port Harcourt — Nigeria’s state energy company, NNPC Limited, has outlined new strategies to attract international investors into the country’s oil and gas industry, signaling a major shift toward more flexible, transparent, and bankable partnership models.
Speaking at the “Unleashing Investment for Energy Transformation” session during the 2025 Abu Dhabi International Petroleum Exhibition and Conference, ADIPEC, NNPC’s Chief Financial Officer, Mr. Adedapo Segun, said the company was adopting diversified investment frameworks designed to meet global standards and investor preferences.
According to him, NNPC is “forging new, dependable alliances while optimising existing partnerships,” in a bid to unlock untapped value across the upstream, midstream, and downstream sectors.
Segun explained that the company was open to innovative partnership structures that could accelerate project delivery and de-risk investments.
“We are adaptable to diverse partnership structures that potential investors may find preferable,” he stated. “These include economic interests in assets with clear production and cost recovery pathways, as well as equity participation in low-risk greenfield projects.”
He noted that Nigeria’s energy transformation agenda under President Bola Ahmed Tinubu’s Renewed Hope Initiative was underpinned by policies designed to attract capital inflows, promote transparency, and ensure energy security.
Segun added that NNPC’s evolving governance structure and strengthened leadership had positioned the company to create “bankable opportunities aligned with global investment standards,” thereby reinforcing investor confidence.
“NNPC today is not just a national oil company; it is a global investment partner,” Segun emphasized. “We are building credibility through governance reforms, operational transparency, and a clear focus on value delivery.”
NNPC’s message comes at a critical time when global investors are increasingly seeking low-carbon, cost-efficient opportunities in emerging markets.
The company’s presentation reaffirmed its commitment to partnerships that can deliver sustainable returns while supporting Nigeria’s broader energy transition objectives.
Segun concluded by reiterating that “Nigeria remains open for business, not just as a destination for capital, but as a trusted partner in the global energy ecosystem.”
