Shettima: Northwest Petroleum Ready for Changing Energy Era

Vice President Kashim Shettima recently inaugurated the ultra-modern corporate headquarters of the Northwest Petroleum and Gas Company Limited in Lagos. The facility, described as a game-changer, will revolutionize local operations and establish new standards of excellence for Nigeria's oil and gas industry. Shettima emphasized that the company's positioning for decades of service in a changing global energy economy was evident in the state-of-the-art facility.

The new headquarters will provide a modern, world-class environment for collaboration, professional fulfillment, and strategic achievement across Northwest Petroleum's workforce, partners, and stakeholders. The Vice President noted that the expansion sends a clear message to investors, clients, and Nigerians about the company's commitment to serving the nation for years to come.

Shettima attributed the nation's recent economic progress to President Bola Tinubu's economic reforms, including the removal of subsidies on petroleum products and the reform of the foreign exchange market. These reforms have addressed distortions that discouraged productive investment and restored market stability. This, in turn, strengthens businesses' confidence to commit capital and plan for the future.

The regional oil conglomerate has been operating in Nigeria's oil and gas sector since 1998, and Shettima commended the company for building a strong Nigerian presence across the value chain. The new corporate headquarters will nurture creativity, reward innovation, generate profitability, and inspire service worthy of Nigeria, according to Shettima.

Lagos State Governor Babajide Sanwo-Olu praised the private sector for its investments in the commercial economic center of the country and commended the Vice President for his leadership and dedication to the Nigeria Project. He thanked the private sector for investing in Lagos, asserting that their investments have contributed to the state's tremendous growth.