Nigeria’s Crude Oil Production Hits 1.64mbpd in 2025 Amid Rising Local Investment
Nigeria’s crude oil production surged to 1.64 million barrels per day (mbpd) in 2025, marking a 5.8% increase from 1.55 mbpd in 2024, according to the Independent Petroleum Producers Group (IPPG). The growth highlights the resilience of the country’s oil sector despite global market fluctuations and reflects the expanding role of indigenous producers in the upstream oil industry.
Speaking at the Nigeria International Energy Summit 2026 (NIES) in Abuja, IPPG Chairman Adegbite Falade praised the progress made across the oil and gas value chain. He cited improvements in upstream output, the expansion of gas infrastructure, and increasing domestic refining capacity as evidence that Nigeria’s energy sector is gradually transforming into a more robust and diversified ecosystem.
Falade emphasized that local producers now contribute more than half of the nation’s crude oil output, a milestone reflecting strengthened local ownership and the positive impact of supportive government policies. The chairman also commended President Bola Ahmed Tinubu for sustaining reforms that have attracted both domestic and international investment to Nigeria’s energy industry.
While celebrating the gains, Falade highlighted the need for strategic reforms, enhanced collaboration, and in-country value creation. “Nigeria’s energy future must be defined by self-sufficiency, competitiveness, and collaboration,” he said, urging stakeholders to move beyond exporting raw hydrocarbons and focus on initiatives that strengthen GDP contribution and deliver long-term benefits for Nigerians.
The summit, themed “Energy for Peace and Prosperity: Securing Our Shared Future,” underscored the role of energy security in promoting stability and economic growth across Africa. Falade called on operators, regulators, service providers, and investors to work closely to ensure sustainable growth and shape a resilient energy future not just for Nigeria, but for the continent as a whole.
source: vanguard