Seplat Energy Plc, Nigeria’s leading indigenous energy company, has reaffirmed its dedication to responsible leadership and sector transformation in the country’s energy industry.
The company actively participated in the 13th Annual BusinessDay CEO Forum Nigeria, held on July 10, 2025, at the Federal Palace Hotel, Lagos.
The forum, themed “Nigeria: From Reform to Recovery,” brought together senior government officials, investors, corporate leaders, and experts to discuss Nigeria’s ongoing reforms and share strategic insights for national renewal and sustainable economic growth.
Seplat Energy’s Chief Operating Officer, Samson Ezugworie, represented the company’s CEO, Roger Brown, as a panelist at the forum, shared perspectives on Nigeria’s oil and gas transformation.
Brown highlighted the increasing role of indigenous companies in Nigeria’s oil and gas industry, citing Seplat Energy’s success in taking on assets and running them effectively.
“If you look at the trajectory, I would personally say that the outlook is very excellent, and we are well-positioned for a transformative oil and gas industry,” Mr. Brown stated.
“Nigeria is rich in both oil and gas resources with over 200 trillion cubic feet of gas, we are in the right place.
”We are also seeing international oil companies exiting the onshore and shallow water areas and transferring them to indigenous players, ” he said.
He added, ”We have demonstrated both the capacity and financial strength to take on these assets and run with them. It’s like the stars are aligning the outlook is even better than what we had before.”
He noted that investor interest and capital were flowing back into the country, with a significant increase in rig activity, from eight in 2021 to 46 currently.
“Rig count in Nigeria was eight in 2021. Today, it stands at about 46. That tells you a lot about the level of activity, investor interest, and capital flowing back into the country.
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”It is a strong signal of recovery and momentum in the sector,” he said.
Earlier, Frank Aigbogun, Publisher and CEO of BusinessDay Media Ltd, welcomed guests with a compelling address that framed the tone of the forum.
He noted that the theme of this year’s CEO Forum:“Nigeria: From Reform to Recovery”, as BusinessDay has a duty not only to report, but also to point the way to the future.
The forum featured a distinguished line-up of speakers including Aliko Dangote of Dangote Group; Haresh Aswani of Tolaram Group; Kofo Akinkugbe of SecureID; Ainojie Irune, MD of Oando Energy Resources; Tony Attah, MD/CEO at Renaissance Africa Energy Company; Gbite Falade, MD/CEO at Aradel Holdings Plcand others ably represented.
Seplat Energy’s participation at the event reflected its dedication to shaping Nigeria’s energy future through responsible leadership, innovation, and inclusive growth.
As the country navigates the path from reform to recovery, Seplat remained firmly committed to delivering sustainable value to stakeholders, communities, and the broader economy.
Seplat Energy is committed to shaping Nigeria’s energy future through responsible leadership, innovation, and inclusive growth.
The company remains dedicated to delivering sustainable value to stakeholders, communities, and the broader economy, as the country navigates the path from reform to recovery.
