• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 29, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

National Petroleum Company’s Subsidiary Reports 355,000BPD Production Milestone

LEADERSHIP News by LEADERSHIP News
11 months ago
in Business
NNPC2
Share on WhatsAppShare on FacebookShare on XTelegram

NNPC E&P Limited (NEPL), the flagship upstream subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has reported a record production level of 355,000 barrels per day (bpd) on December 1, 2025 — its highest daily output since 1989.

Fresh production data provided by the company on Tuesday showed that NEPL has undergone an exceptional transformation over the past two years.

Average daily output rose sharply from 203,000 bpd in 2023 to 312,000 bpd in 2025, an impressive 52 per cent jump driven by a disciplined strategy anchored on operational excellence, asset optimisation, and structured field development.

The group chief executive officer of NNPC Limited, Engr. Bashir Bayo Ojulari, described the development as evidence that the long-awaited revival of Nigeria’s energy sector is already materialising.

He said the milestone represents a strong signal that Nigeria’s upstream oil sector may be on the path back to sustained stability and growth after years of disruptions, underinvestment, and operational setbacks.

It also marks a critical boost to the national aspiration of increasing crude oil production to 2 million barrels per day (bpd) by 2027 and 3 million bpd by 2030.

According to him, NEPL’s performance demonstrates that Nigeria possesses the technical capacity, leadership, and operational discipline necessary to significantly increase output.

“By showing its ability to exceed its own production benchmarks, NEPL confirms that the essential building blocks for scaling national output are being firmly established,” Ojulari said.

“This achievement signals that the machinery of production equipment, processes, capabilities, and partnerships can be driven with commercial discipline to produce real and positive outcomes.”

He added that the breakthrough boosts confidence among international partners and investors, assuring them that Nigeria remains committed to sustaining its position as a dependable supplier in the global energy market.

NNPCL’s executive vice president, Upstream, Udy Ntia, noted that while the headline figure of 355,000 bpd is significant, the achievement also reflects deeper structural improvements across the organisation.
He said NEPL’s approach is based on long-term sustainability and responsible operations rather than shortcuts that may deliver temporary gains at the cost of safety or environmental stability.

“In a sector where shortcuts can yield short-term wins but long-term damage, NEPL is making a different point: sustainable progress must rest on responsible operations,” Ntia said.

“It reinforces a shift away from extraction at any cost towards sustainable value creation, a core requirement for any modern energy company seeking global relevance.”

RELATED NEWS

326 MDAs Spend N3.8trn On Tech Since June 2023

Abbey Bank Retains A3 Short-term Rating As Agusto & Co Affirms Strong Liquidity

Pension Is Wage Earned, Not A Favour, Says Tinubu

The managing director of NEPL, Nicolas Foucart, stated that the performance reflects the broader transformation currently underway across NNPC Limited.

He noted that the milestone reflects a combination of strategic leadership, strengthened partnerships, and a highly committed workforce.

“This is a story shaped by leadership that charts a clear course; by partnerships built on alignment and accountability; and by a workforce whose hard work is turning goals into measurable progress,” Foucart stated.

He added that for Nigerians, the achievement goes beyond rising production numbers. It ultimately means greater national revenues, improved energy security, and a more resilient economic base.
NEPL is a wholly-owned subsidiary of NNPC Limited responsible for the exploration and production of Nigeria’s oil and gas resources.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

326 MDAs Spend N3.8trn On Tech Since June 2023
Business

326 MDAs Spend N3.8trn On Tech Since June 2023

39 minutes ago
Abbey Bank Retains A3 Short-term Rating As Agusto & Co Affirms Strong Liquidity
Business

Abbey Bank Retains A3 Short-term Rating As Agusto & Co Affirms Strong Liquidity

41 minutes ago
FG Draws $1.5bn from $5bn UAE  Financing Deal
Business

Pension Is Wage Earned, Not A Favour, Says Tinubu

2 hours ago
Next Post
United Airlines Bans Passenger After Urinating On Fellow Traveller

United Nigeria Airlines Begins Direct Flight To Newly Built Ekiti State Airport

LATEST UPDATE

From Dry Taps To Running Water: Governor Abba Kabir Yusuf’s Water Legacy

4 minutes ago

Cynthia Erivo Speaks Out Over Backlash Against Ariana Grande Friendship

28 minutes ago

Actress Ngozi Nwosu Faced Complications After Surgery, Management Reveals

29 minutes ago

ASUU Awards ₦1.1m Scholarships To 11 Indigent UI Students

29 minutes ago

“It Is Unfair”: Majid Michel Speaks On Ghana, Nigeria Movie Industry Comparison

33 minutes ago

Tinubu Approves N758bn Pension Bond To Clear Accrued Rights

34 minutes ago

Hayden Panettiere’s Death Ruled Accidental as Police Close Probe

35 minutes ago

326 MDAs Spend N3.8trn On Tech Since June 2023

39 minutes ago

Abbey Bank Retains A3 Short-term Rating As Agusto & Co Affirms Strong Liquidity

41 minutes ago

How Bandits Impose Levies, Run Parallel Govt In Zamfara, Sokoto

42 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.