CERAWeek: NNPC projects Nigeria as emerging global energy investment destination

Business Pointers

By Seun Ibiyemi

The Executive Vice President, Upstream at NNPC Limited, Udy Ntia, has highlighted Nigeria’s rising profile as a leading destination for global energy investment at the ongoing CERAWeek.

Speaking at a high-level session titled “Data-Rich, Infrastructure Ready: The Competitive Edge of Proven Super Basins,” Ntia said improved fiscal stability, regulatory certainty, and a commercially driven governance framework are boosting investor confidence in Nigeria’s oil and gas sector.

He explained that these reforms are helping to reposition the country within the global energy market, making it more attractive to international investors seeking stable and predictable operating environments.

Ntia also stressed that the increasing integration of data ecosystems, infrastructure readiness, and advanced analytics is transforming how established energy basins compete worldwide.

According to him, Nigeria is leveraging these developments to maximise its vast hydrocarbon resources and strengthen its competitiveness on the global stage.

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The session, moderated by Beth Evans of S&P Global, featured other industry leaders including Andy Krieger of BP and Paul Madero of Baker Hughes.

Discussions at the conference continue to emphasise innovation, data-driven strategies, and infrastructure development as key drivers shaping the future of the global energy industry.

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