The 9th Nigeria International Energy Summit (NIES 2026) concluded this week in Abuja, bringing together Africa’s top energy policymakers, investors, and industry leaders to deliberate on the theme: “Energy for Peace and Prosperity: Securing Our Shared Future.” A major focus of the summit was the pressing need for sustainable financing models and improved operational efficiency within Nigeria’s indigenous energy sector.
One of the standout voices at the summit was Kayode Olatunbosun, Chief Financial Officer of Midwestern Oil & Gas Company Limited, who participated as a key speaker and panelist. Olatunbosun delivered a data-driven perspective on capital allocation challenges facing upstream operators amid global market volatility.
In his intervention, Olatunbosun outlined three strategic pillars critical to the future of Nigeria’s upstream oil and gas industry: strict fiscal discipline, the integration of Environmental, Social and Governance (ESG) principles as a magnet for long-term funding, and operational synergy across assets and value chains.
He stressed that indigenous producers must move beyond survival financing toward smarter capital structuring that aligns financial performance with sustainability and investor confidence.
Olatunbosun’s participation further reinforced Midwestern Oil & Gas’ position as a leading indigenous producer. Since his appointment as CFO in 2025, he has played a pivotal role in steering the company through complex divestment processes, asset optimization initiatives, and financial restructuring in a rapidly evolving energy landscape.
As the summit drew to a close, participants agreed that Nigeria’s energy future depends on leaders capable of bridging technical production with sophisticated financial engineering. In that regard, Olatunbosun’s contributions at NIES 2026 underscored the growing importance of transparency, innovation, and disciplined financial management in securing Nigeria’s long-term energy security and economic prosperity.
