Dear Colleagues,

As we step into the new year of 2026, I am filled with immense pride and gratitude as I reflect on the journey we have undertaken together. The past year has been one of significant trials and triumphs, and it is a testament to the resilience, dedication, and unwavering spirit of every member of the NIPCO family that we stand today, stronger and more resolute than ever.

2025 was a year that tested our mettle in ways we could not have fully anticipated. The global and local economic landscape presented us with formidable challenges — fluctuating oil prices, regulatory shifts, and the ongoing pressures of navigating a rapidly evolving energy sector. Yet, through it all, NIPCO has not just survived, but has grown, adapted, and continued to make a meaningful impact in the lives of Nigerians and beyond.

I want to take this opportunity to acknowledge each one of you — from the frontline employees who ensure our operations run smoothly day in and day out, to the management team whose strategic acumen and leadership have been our compass in turbulent times. Your commitment and perseverance have been the driving force behind our achievements, and I am deeply thankful for your contributions.

As we look ahead to 2026, I am confident that the future holds great promise for us. We are poised to build upon the solid foundation we have established and to chart new territories in our quest for excellence and growth. Our focus will remain steadfast on expanding our footprint across Nigeria's energy sector, investing in innovative technologies, and fostering an environment that promotes safety, sustainability, and the well-being of our people.

In the year ahead, we will continue to reinforce our commitment to the highest standards of corporate governance and ethical business practices. We will deepen our engagement with our communities, ensuring that our operations contribute positively to the social and economic development of the areas we serve. And we will continue to prioritize the health and safety of our employees, for it is only with a protected and motivated workforce that we can achieve our ambitions.

The energy transition is real, and NIPCO is well positioned to play a leading role in Nigeria's journey towards a cleaner, more sustainable energy future. Our investments in liquefied petroleum gas (LPG) and natural gas infrastructure are a clear statement of our intent to be at the forefront of this transition, providing cleaner alternatives and driving the adoption of sustainable energy solutions across the country.

I am particularly excited about the opportunities that lie ahead in our downstream gas and retail sectors. With a network of over 400 service stations and a growing LPG infrastructure, NIPCO is uniquely positioned to serve the diverse energy needs of Nigerians, from the bustling urban centres to the furthest rural communities.

As we embark on this new chapter, I urge each one of you to carry forward the spirit of excellence, innovation, and teamwork that has defined NIPCO's journey. Let us face the challenges and opportunities of 2026 with renewed vigour, a positive attitude, and an unyielding commitment to our shared goals.

On behalf of the entire Board and Management of NIPCO PLC, I wish you and your families a prosperous, healthy, and fulfilling new year. Together, we will write the next chapter of NIPCO's story — a story of resilience, growth, and an unwavering promise for the future.

Happy New Year 2026!

Chief (Dr.) Bestman P. Anekwe
Managing Director/C.E.O
NIPCO PLC