Home » NNPC, Standard Chartered Explore Financing Opportunities for Growth Agenda

NNPC, Standard Chartered Explore Financing Opportunities for Growth Agenda

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Odimmegwa Johnpeter/Abuja

The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari has held strategic talks with the Group Chief Executive of Standard Chartered PLC, Bill Winters, on financing opportunities to support the company’s growth ambitions and transformation agenda.

The meeting, which took place at the NNPC Towers in Abuja, focused on potential areas of collaboration aimed at strengthening NNPC Limited’s capacity to achieve its long-term objectives as a commercially driven national energy company in line with the provisions of the Petroleum Industry Act (PIA) 2021.

During the engagement, Ojulari outlined NNPC Limited’s 2030 strategic targets, noting that the company is actively pursuing initiatives designed to position it among leading global energy producers while adopting international best practices and operating standards.

He emphasized the company’s commitment to efficiency, value creation, and sustainable growth as it continues its transition into a competitive commercial entity.

In his remarks, Bill Winters commended NNPC Limited’s commercial orientation and the clarity of its strategic direction, describing the company’s transformation efforts as encouraging.

Winters reaffirmed Standard Chartered’s long-standing commitment to Nigeria’s energy sector and expressed the bank’s readiness to support NNPC Limited’s expansion plans through its extensive global investor network, structured finance solutions, and financial advisory capabilities.

The meeting underscores growing investor confidence in NNPC Limited’s transformation agenda and highlights ongoing efforts to attract strategic partnerships and financing required to drive growth across Nigeria’s energy sector.
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