Energy, Commodities, & Metals

NNPC Unveils Nationwide Downstream Revamp at OTL 2025, Signals New Era for Nigeria’s Oil Industry

The Nigerian National Petroleum Company Limited (NNPC) has announced a sweeping nationwide downstream overhaul at OTL Africa Downstream Week 2025. The reform aims to modernize infrastructure, expand distribution networks, and reposition Nigeria as a regional petroleum hub.

Joyce Idanmuze

Oct 28, 2025 - 23:56

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NNPC Unveils Nationwide Downstream Revamp at OTL 2025, Signals New Era for Nigeria’s Oil Industry

BREAKING: NNPC Shocks Industry, Unveils Massive Nationwide Downstream Revamp at OTL 2025

By Chidera Paul - Probitas Report Energy Desk

NNPC Ltd stunned stakeholders yesterday as it reaffirmed a bold nationwide overhaul of Nigeria’s downstream infrastructure, declaring that collaboration, sustainability and innovation would now define the sector’s future.

Speaking at the opening of the 2025 OTL Africa Downstream Energy Week in Lagos, GCEO Engr. Bayo Ojulari revealed that the company had already begun deploying new assets and revamping existing facilities to boost storage, transportation and efficiency in oil and gas operations.

Ojulari stressed that competition alone had become outdated, insisting that operators must embrace fresh strategic alliances and technologies that support both profitability and decarbonization.

He noted that ongoing reforms and incentives driven by the PIA had sparked expansions into growth areas such as LPG, CNG and mini-LNG projects, demanding new skills and deeper investments.

OTL Africa Downstream Energy Week remains the continent’s biggest platform for international operators, regulators and investors shaping the evolution of the downstream value chain.

Signed:

Andy Odeh

Chief Corporate Communications Officer, NNPC Ltd

Abuja | 27 October 2025

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Joyce Idanmuze Joyce Idanmuze is a seasoned Private Investigator and Fraud Analyst at KREENO Debt Recovery and Private Investigation Agency. With a strong commitment to integrity in business reporting, she specializes in uncovering financial fraud, debt recovery, and corporate investigations. Joyce is passionate about promoting ethical business practices and ensuring accountability in financial transactions.