In a major boost to Nigeria’s oil and gas infrastructure, Green Energy International Limited (GEIL) has officially launched the Otakikpo Onshore Crude Oil Export Terminal, a $400 million project that stands as the first wholly indigenous onshore crude export terminal built in Nigeria in over five decades.
The announcement was made on Wednesday via a post on X (formerly Twitter) by the Special Adviser to the President on Energy, Olu Verheijen, who hailed the development as a milestone in Nigeria’s pursuit of energy self-reliance and industrial capacity building.
“It gives me great pleasure to congratulate my dear brother, Professor Anthony Adegbulugbe, former Special Adviser on Energy and Strategic Matters to President Olusegun Obasanjo, and an illustrious son of Ondo State, on the successful launch of the $400 million Otakikpo Onshore Crude Oil Export Terminal,” Verheijen wrote.
“This first wholly indigenous facility of its kind in over five decades is a landmark achievement, showcasing visionary leadership, technical depth, and Nigeria’s growing capacity to deliver world-class energy infrastructure,” she added.
President Tinubu Commends GEIL, Affirms Commitment to Energy Security
Speaking at the official inauguration, President Bola Tinubu, represented by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, lauded the project as a strategic milestone aligned with the Renewed Hope Agenda of his administration.
The President described the Otakikpo terminal as evidence of Nigeria’s growing ability to develop indigenous energy assets, strengthen local content participation, and enhance national energy security.
“Oil and gas will never go away,” Tinubu said. “The International Energy Agency has now admitted that the world must invest over $540 billion yearly in the upstream sector to avoid an energy crisis. We cannot abandon our God-given resources.”
The President reaffirmed his administration’s commitment to expanding oil and gas infrastructure, while also engaging with host communities to promote peace and development in the Niger Delta.
He disclosed that the Federal Government is actively engaging Ogoni leaders to address long-standing issues that have hindered oil production in their communities.
A Landmark in Indigenous Energy Infrastructure
The Otakikpo Onshore Crude Oil Export Terminal represents a major milestone for Green Energy International Limited, a company founded and chaired by Professor Anthony Adegbulugbe, an energy expert and former Presidential Adviser.
The facility underscores the progress of Nigeria’s local content policy, which aims to enhance indigenous participation in the upstream and midstream oil and gas value chains.
Industry observers note that this project could serve as a blueprint for future local investments, particularly as Nigeria continues to attract new energy capital amid evolving global energy dynamics.
Context: Renewed Investment Momentum in Nigeria’s Oil and Gas Sector
The inauguration of the Otakikpo terminal follows a series of policy-driven efforts by the Tinubu administration to reposition Nigeria’s energy sector for growth and sustainability.
Earlier in May 2025, the Presidency announced that over $8 billion in investments had been secured for deepwater and gas projects within a year — a clear indication of renewed investor confidence in the sector.
In September, President Tinubu directed the National Security Adviser (NSA), Mallam Nuhu Ribadu, to initiate fresh engagements with the Nigerian National Petroleum Company Limited (NNPCL), the Ogoni people, and other key stakeholders to finalise plans for the resumption of oil production in Ogoniland.
This was preceded by similar directives in January, when the President tasked the NSA with leading negotiations aimed at achieving lasting peace and inclusivity in the region.
“We must work together with mutual trust,” the President said at the time. “Go back home, do more consultations, and embrace others. We must make this trip worthwhile by bringing peace, development, and a clean environment back to Ogoniland.”
Following those consultations, Tinubu signed into law the bill establishing the Federal University of Environmental Technology in Ogoni, Rivers State, further demonstrating his administration’s commitment to the Niger Delta’s development.
The Bigger Picture
The launch of the Otakikpo terminal signals a turning point for indigenous participation in Nigeria’s oil industry. It not only enhances crude export capacity but also positions local firms as key players in national energy infrastructure development.
Analysts believe the project could stimulate local employment, strengthen foreign exchange earnings, and serve as a model for public-private collaboration in critical sectors.
Bottom Line
With the commissioning of the Otakikpo Onshore Crude Export Terminal, Nigeria takes a decisive step toward energy independence, economic diversification, and local capacity development — reaffirming its position as Africa’s energy powerhouse.
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