The Independent Petroleum Producers Group (IPPG) has marked a decade of resilience, collaboration, and transformative impact in Nigeria’s oil and gas industry. Speaking at the 10th-anniversary celebration, IPPG Chairman and CEO of Aradel Holdings, Mr. Adegbite Falade, described the journey as “a decade defined by purpose, partnership, and impact.” He emphasized that the milestone represents more than longevity; it underscores the critical role of indigenous leadership in advancing Nigeria’s energy sector.
Over the past ten years, IPPG has become a leading voice and credible partner in the industry. Through sustained advocacy and close collaboration with government regulators, indigenous operators now produce over 50% of Nigeria’s crude oil and gas. This remarkable achievement reflects IPPG’s growing influence and ability to strengthen homegrown leadership in a sector historically dominated by international companies.
Falade praised the administration of President Bola Tinubu for implementing reforms that have repositioned the sector for growth and investment. He also recognized the support of key institutions, including the Nigerian Upstream Petroleum Regulatory Commission, the Midstream and Downstream Petroleum Regulatory Authority, the Nigerian Content Development and Monitoring Board, and NNPC Limited. These partnerships, he noted, have been essential in building capacity and driving sustainable industry development.
Representing the President, Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, lauded IPPG as “one of the best things to have happened to Nigeria’s oil and gas sector.” He also highlighted the global recognition of indigenous capacity, citing Mr. Ademola Adeyemi-Bero’s appointment as Nigeria’s OPEC Governor and Chairman of the OPEC Board of Governors for 2025. The anniversary featured a high-level fireside chat on leadership and future industry prospects, alongside awards honoring distinguished sector contributors.
Looking ahead, IPPG plans to focus on infrastructure expansion, community engagement in the Niger Delta, capacity building, strong governance, and responsible resource management. With targets to achieve three million barrels of oil per day and 12 billion standard cubic feet of gas by 2030, IPPG aims to continue acting as a catalyst for Nigeria’s economic transformation, ensuring that indigenous operators remain at the forefront of the nation’s energy future.
source: punch