Last week, the Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, received in audience the President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Dr. George Elombi, at the NNPC Towers, Abuja.
NNPC Ltd. set out its direction under the Enterprise First framework, positioning the company as a high-performance Partner of Choice built on execution and profitable growth. Both leaders agreed a shared agenda for continental energy development and industrialisation, and to hold regular strategic sessions, the first session scheduled later in the year.
On financing, NNPC Ltd. led discussion on the planned African Energy Bank, to be headquartered in Abuja, and confirmed its readiness to deepen its investment. Afreximbank affirmed its commitment to the company’s growth through risk-sharing, structured financing and further refinancing to develop Nigeria’s oil and gas resources.
….stay tuned for more!