NIPCO expands retail, gas infrastructure, targets growth

NIPCO Plc has reaffirmed its position as a leading player in Nigeria’s downstream petroleum sector, outlining plans to expand its retail network and gas infrastructure as it positions for sustained growth in the deregulated market. Speaking at the company’s 22nd Annual General Meeting (AGM) held at the Abuja Continental Hotel, the Managing Director, Mr. Suresh Kumar, said the company successfully navigated the challenges of 2025, a year characterised by full deregulation of the downstream sector, market-based petrol pricing and the commencement of operations at the Dangote Refinery. Kumar noted that while deregulation brought increased competition, tighter margins and supply chain uncertainties, it also created opportunities for greater efficiency, transparency and innovation. “Despite stiff competition and unpredictable market dynamics, we maintained our position as one of the leading downstream operators, reinforcing our reputation for reliability and delivery of superior service,” he said.