The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have vowed to collaborate closely in achieving Nigeria’s goals of attracting investments and enhancing production.

This commitment was sealed during a courtesy visit by the Secretary General of OPEC, Haitham al-Ghais, to Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Ltd, at the NNPC Towers on Wednesday.

Al-Ghais emphasized OPEC’s alignment with NNPC Ltd.’s vision encapsulated in its slogan: “Energy for Today, Energy for Tomorrow,” citing its inclusive perspective on energy contrary to the notion in some circles that certain energy sources are unfavorable.

He highlighted the global necessity for approximately $14 trillion in investments from now until 2035 to meet escalating global demand, urging NNPC Ltd to capitalize on this opportunity to elevate its production and maintain its status as a dependable energy source globally.

Al-Ghais assured that OPEC would strive to stabilize the market, stressing the importance of market stability for Nigeria to attract investors effectively. He emphasized OPEC’s reliance on Nigeria’s support in achieving this objective.

Kyari echoed Al-Ghais’s sentiments, underscoring NNPC Ltd’s diligent efforts to recuperate lost production and foster an optimal fiscal environment to entice investments. He expressed gratitude to OPEC for its continuous support to Nigeria and pledged NNPC Ltd’s unwavering backing to the organization.

The collaboration between NNPC Ltd and OPEC signifies a strategic partnership aimed at propelling Nigeria’s oil and gas sector towards sustainable growth and development.