NNPC boss seeks unified gas pricing, joint investments in Africa
The NNPC CEO advocates for unified gas pricing and collaborative investments across Africa to enhance energy sector efficiencies.
Bayo Ojulari, the Group CEO of the Nigerian National Petroleum Company Limited (NNPC), has emphasized the importance of unified gas pricing and collaborative investments among African nations to harness the continent's substantial gas potential. Speaking at the 2026 International Energy Week in London, Ojulari highlighted the Nigeria–Morocco Gas Pipeline as a key component in securing a sustainable energy future for Africa. He stressed that effective infrastructure and policy synchronization across nations are necessary to facilitate regional energy trade and investment.
During the fireside chat, Ojulari pointed out that the development of significant regional gas projects like the Nigeria–Morocco Gas Pipeline and the West African Gas Pipeline is essential for promoting regional integration. He believes that these projects will not only enhance the electric power supply across neighboring countries but also stimulate economic growth and foster industrialization on the continent. The NNPC's plans align with a broader strategy to strengthen cross-border energy collaboration, which is crucial amidst growing global energy demands and challenges.
Ojulari's remarks reflect the urgency with which African nations must approach energy security, as the continent grapples with fluctuating energy prices and the need for sustainable development. By advocating for joint investments and shared gas pricing, the NNPC aims to create a more resilient energy framework that can support industrial endeavors and improve the quality of life for millions of Africans. The call to action is clear: Africa must unite to leverage its energy resources effectively and equitably, ensuring long-term prosperity for its people.