KEY POINTS
- Oando Energy Resources reaffirms long-term support for Nigeria’s indigenous upstream operators under the IPPG framework.
- The company emphasizes disciplined execution, strong governance, and coordinated advocacy to sustain production growth.
- Leadership highlights institutional strengthening and collaboration as keys to shaping a resilient, competitive oil and gas sector.
Oando Energy Resources has reaffirmed its commitment to Nigeria’s indigenous upstream oil and gas sector, following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers Group and CEO of Aradel Holdings.
The engagement focused on enhancing collaboration among local producers and advancing coordinated industry advocacy as indigenous operators take on greater responsibility for national oil and gas output. Falade recognized Oando’s pivotal role, noting the company’s contributions to IPPG and its consistent leadership in the sector over the last decade.
Leadership and long-term commitment
Falade praised Oando’s senior leadership, including Group Chief Executive Wale Tinubu and Deputy Group Chief Executive Omamofe Boyo, for providing resources and manpower to support IPPG’s 10-year anniversary initiatives. He described the company’s involvement as a testament to its dedication to the growth of indigenous operators.
In response, Managing Director Ainojie Irune emphasized Oando Energy Resources’ continued commitment to supporting the growth and capacity building of local upstream producers. “Oando remains firmly invested in the growth and institutional strengthening of IPPG. Disciplined execution, strong governance, and coordinated advocacy will be critical to sustaining production growth and ensuring industry stability,” he said.
Falade stressed the need for sharper advocacy, stronger alignment, and deeper coordination among indigenous operators. The visit highlighted the importance of structured frameworks to navigate evolving regulatory, operational, and market conditions while supporting sustainable growth across the sector.
Concluding the engagement, Irune welcomed strengthened IPPG leadership structures, underscoring that robust institutions are essential for indigenous operators as they continue to shape Nigeria’s oil and gas future.
