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Press Briefings

NNPC And CBN Deepen Cooperation On Economic Stabilisation Efforts

 JKNM JKNMDecember 2, 2025 2801 Minutes read0
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By JKNewsMedia

BID TO reinforce economic stabilisation held sway as Nigeria’s state energy company, the Nigerian National Petroleum Corporation (NNPC) Limited, engaged the Central Bank of Nigeria (CBN) in a strategic dialogue aimed at reinforcing economic stabilisation and national resilience.

The meeting, held in Abuja, highlighted collaborative action as central to achieving broader economic objectives. NNPC Group Chief Executive Officer Bashir Bayo Ojulari hosted CBN Governor Oluyemi Cardoso to explore joint approaches supporting the country’s economic landscape.

The discussions focused on enhancing synergies between the two institutions, promoting operational efficiency, and aligning efforts with national development priorities.

Also, the engagement was described as a strategic confluence of vision, moving beyond routine exchanges to deliberate partnership in service of economic stabilisation.

NNPC stated that it operates on the conviction that progress is achieved through collaboration.

The organisation emphasised that cooperative principles guide its interactions with key economic stakeholders and underpin its approach to partnerships, including its relationship with the apex bank.

The release highlighted that the meeting reflected a shared sense of purpose, with partnership, resilience, and national interest woven throughout the dialogue.

Both institutions explored ways to strengthen financial and operational stability, recognising their mutual responsibilities in supporting national development.

According to NNPC, the courtesy visit provided an opportunity to deepen understanding, align perspectives, and reaffirm the importance of structured collaboration.

The organisations shared a forward-looking outlook centred on sustaining economic resilience through coordinated action, while expressing their commitment to partnerships that enhance efficiency and resilience, framing the meeting as a practical demonstration of this collaborative approach.

Tags
Central Bank of NigeriaNigeria EconomyNNPC Limited
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