By Stephen Simon
The Nigerian National Petroleum Company Limited has attributed a 600,000-barrel-per-day increase in Nigeria’s crude oil production to reforms in the petroleum industry, improved investment conditions and stronger collaboration with industry partners.
The Group Chief Executive Officer of NNPC, Bashir Bayo Ojulari, disclosed this during an energy discussion at the 2026 Abu Dhabi International Petroleum Exhibition and Conference in the United Arab Emirates.
According to him, Nigeria’s crude oil production has increased from approximately 1.2 million barrels per day to 1.8 million barrels daily.
Ojulari said the development reflected the impact of the Petroleum Industry Act, improved investment decisions and renewed cooperation between the national oil company and its partners.
He disclosed that NNPC was targeting production of two million barrels per day by 2027, stressing that achieving the target would require sustained investment, infrastructure maintenance and successful execution of ongoing projects.
The NNPC boss also highlighted developments in the domestic gas sector, disclosing that more than 400 compressed natural gas conversion centres had been established across the country.
He added that over 1,000 trucks transporting petroleum products had been converted to run on natural gas.
Ojulari said the company was also pursuing major gas infrastructure projects to expand domestic utilisation and support electricity generation and industrial activities.
He maintained that the company’s performance would ultimately be measured by tangible results rather than announcements.
