In a major move to strengthen Nigeria’s energy sector, a high-level delegation of private sector leaders in the downstream petroleum industry, led by the Chief Executive Officer of Matrix Energy Group, Engr. Abdulkabir Adisa Aliu, met with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to discuss ongoing reforms and investment opportunities.
The meeting, held in Abuja, also had in attendance Mr. Yakubu Maishanu, Chairman/CEO of AYM Shafa Ltd, and Alhaji Auwalu Abdullahi Rano, CEO of A.A. Rano. The delegation commended the federal government for its progressive policy direction, especially the removal of petrol subsidies and efforts to stabilize the exchange rate.
Collectively, the companies represented supply nearly 20 million litres of petrol daily without recourse to government subsidies a testament to the private sector’s capacity to sustain fuel distribution and contribute meaningfully to national energy security.
In their discussions, the delegation reaffirmed its commitment to ensuring market stability and expanding private investment in the energy sector. Particular focus was placed on scaling up infrastructure for Compressed Natural Gas (CNG), in line with Nigeria’s broader energy transition objectives.
Wale Edun acknowledged the industry leaders’ contributions and assured them of the federal government’s resolve to maintain a stable and investor-friendly environment. He emphasized that the administration of President Bola Ahmed Tinubu remains committed to fostering inclusive economic growth through sustainable reforms and strong public-private collaboration.
The strategic engagement is seen as another significant step in reinforcing cooperation between government and the private sector to achieve a resilient and future-focused energy landscape.
