Seplat Energy, one of Nigeria’s foremost indigenous energy companies, has reaffirmed its commitment to responsible sector leadership and national energy transformation, highlighting the critical role of local capacity, innovation, and investor confidence in driving recovery across the oil and gas industry.
Speaking at the 13th Annual BusinessDay CEO Forum Nigeria, held in Lagos, Seplat’s Chief Executive Officer, Mr Roger Brown, represented by the Chief Operating Officer, Mr Samson Ezugworie said that Nigeria’s energy outlook remains promising, as reforms take root and indigenous firms step up to fill the void left by international oil companies exiting onshore and shallow-water assets.
Brown, who participated as a panelist in a high-level session themed “Oil and Gas in Transition – Reforms, Recovery and Deals That Matter,” said that Seplat and other local firms have demonstrated both the financial strength and technical competence required to lead the sector’s next chapter.
“If you look at the trajectory, I would personally say the outlook is very excellent,” he noted.
“Nigeria has over 200 trillion cubic feet of gas. With the transfer of assets from international oil companies to local players, and with our proven capacity, it’s like the stars are aligning for the industry.”
He cited the jump in rig count from eight in 2021 to around 46 in 2025 as a key indicator of growing investor confidence, capital inflow, and sector momentum.
This year’s CEO Forum, themed “Nigeria: From Reform to Recovery,” gathered top-level participants from government, industry, and the private sector to discuss strategies for national renewal and economic sustainability.
Publisher and CEO of BusinessDay Media Ltd, Frank Aigbogun, opened the event with a charge for institutions to lead by example and help chart the nation’s future through responsible dialogue and action.
The forum featured insights from notable business leaders including Aliko Dangote of Dangote Group, Haresh Aswani of Tolaram Group, Kofo Akinkugbe of SecureID, Ainojie Irune of Oando Energy Resources, Tony Attah of Renaissance Africa Energy, and Gbite Falade of Aradel Holdings Plc, among others.
Seplat Energy’s participation underscored its role in shaping Nigeria’s evolving energy landscape.
As reforms take hold and the economy seeks recovery, the company said it remains committed to inclusive growth, technological advancement, and delivering long-term value to its stakeholders and host communities.
