3 Massive Trends Reshaping Oil & Gas in Nigeria | Oladimeji Bashorun MD/CEO Energia Limited
Discover the shocking truth behind Nigeria’s oil and gas transformation as major energy leaders reveal how local operators are taking over the nation’s energy sector.
In this exclusive BusinessDay CEO Forum interview [00:03], Oladimeji Bashorun, MD/CEO of Energia Limited, delves deep into the future of the Nigerian oil and gas industry. As International Oil Companies (IOCs) divest from onshore assets, local players now generate over 60% of Nigeria’s oil and gas production [03:36]. Bashorun breaks down what it takes to transition from basic economic stability to true shared prosperity, highlighting the urgent need for infrastructure development, local talent building, and sustainable energy access across West Africa.
Looking ahead toward 2027 and beyond, the energy landscape is shifting rapidly. Bashorun outlines three critical shifts every investor and executive must navigate [03:05]: integrating artificial intelligence and emerging tech in upstream energy, building local engineering capacity following IOC divestments, and competing directly with the fintech sector for top talent [03:56]. Learn how local energy leaders are stepping up to power businesses, create high-value job opportunities, and build sustainable economic growth.
CHAPTERS:
00:00 – Introduction & Key Takeaways from BusinessDay CEO Forum
00:01:32 – Defining Shared Prosperity in Nigeria’s Energy Sector
00:03:05 – 3 Massive Trends Reshaping Oil & Gas in Nigeria
00:03:18 – AI Integration & Future Energy Technology
00:03:36 – The Surge of Nigerian Indigenous Oil Companies
00:03:56 – Winning Top Talent: Energy vs. Fintech Competition
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