Adedokun Waliyu 
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has urged investors to invest in Nigeria, stating that government policies have created a conducive environment for them to thrive.
Speaking at the CERAWeek by S&P Global in Houston, Texas, United States, he said Nigeria’s crude oil is one of the best in the world.
He noted that his ministry has engaged with major International Oil Companies such as Shell, Chevron, TotalEnergies, Eni, and ExxonMobil, many of which have indicated interest in prioritizing Nigeria as an investment destination.
According to him, Nigeria has not experienced any disruption in the upstream oil sector for over a decade, making it a stable and attractive location for energy investments.
He explained that in the past, investors preferred other regions, but ongoing reforms have improved Nigeria’s fiscal policies, regulatory clarity, and legal framework, providing certainty and stability for investors.
Lokpobiri also highlighted plans to strengthen the downstream sector and emphasized that Nigeria’s participation at the conference was aimed at positioning the country as a preferred global investment destination.
He added that Nigeria is offering itself as a reliable alternative for energy investment amid global uncertainties, noting that reforms introduced under President Bola Ahmed Tinubu have begun to attract investments that were previously unavailable.
The minister said engagements with international companies have continued, with a consistent message encouraging them to choose Nigeria as a secure and competitive destination for energy sector investments.
