The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari has emphasized the need for Africa to come up with bankable energy projects saying it is one of the ways of ensuring a sustainable energy future on the continent
Ojulari made the call on Monday during the ongoing three-day Society of Petroleum Engineers (SPE) Nigerian Council’s 2025 Nigeria Annual International Conference and Exhibiton holding in Lagos.
The NNPCL boss who is also a board member of the SPE Nigerian Council, said Africa must not only compete for available capital, but make a case for why its energy landscape is bankable.
“Government and stakeholders according to him, must co-create an industry that is attractive for investments
He says energy transition is not just about the resources but also about the people.
This year’s conference is themed ‘Building A Sustainable Energy Future: Leveraging Technology, Supply Chain, Human Resources and Policy’.
Speaking further, Ojulari called for bold leadership in reshaping Africa’s energy landscape, adding that the future of energy is neither linear nor predetermined.
He said, “It will be shaped by leadership and investment.
“The future of energy must be inclusive of the people. It must deepen strategic engagement across borders and across the globe.
“Constructive dialogues across all stakeholders must be held, to align national priorities with global goals.”
He impressed that energy transition must not be imposed but negotiated with natural gas being recognised as the transitional fuel for Africa.
“Hydrocarbon and natural gas must co-exist. Energy transition is not the resources but about the people, and our youths,” he said.
He called for investment in STEM, green initiatives, deepened partnership, capital mobilisation and youth empowerment.
“Let us lead the energy transition story with our people and youths in mind. Our goal is not just to meet the energy needs of today but the goals of future energy,” he added.
While speaking earlier, SPE Nigeria Council Chair, Amina Danmadami, said a sustainable energy future required a holistic approach, to include technology, efficient supply chain, human resources and policies.
Danmadami, who is also the first female SPE Nigeria’s Council Chair, also called for collaboration among industry stakeholders.
No comments:
Post a Comment