The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Thursday met with leading players in Nigeria’s downstream petroleum sector to deepen energy sector reforms and accelerate private investment in Compressed Natural Gas (CNG).
The high-level delegation, led by Matrix Energy CEO, Mr. Abdulkabir Adisa Aliu, also included Yakubu Maishanu, Chairman/CEO of AYM Shafa Ltd, and Alhaji Auwalu Abdullahi Rano, CEO of A.A. Rano. The group reaffirmed its commitment to market stability, fuel availability, and support for the federal government’s reform agenda.
They praised the economic gains from the removal of petrol subsidies, improved forex stability, increased domestic supply, and a recent decline in pump prices. Collectively, the companies now supply nearly 20 million litres of petrol daily—without subsidies—highlighting the success of private-sector-led fuel distribution.
The marketers expressed confidence in the government’s direction and pledged to expand investment in CNG infrastructure to support Nigeria’s energy transition goals.
Minister Edun applauded their resilience and leadership, assuring them of the Tinubu administration’s unwavering support in maintaining a stable, investment-friendly policy environment that promotes inclusive growth under the Renewed Hope Agenda.
This engagement underscores a growing public-private partnership aimed at building a cleaner, more competitive energy market for Nigerians.
