Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels per day, according to the Nigerian National Petroleum Company Limited.
The Group Chief Executive Officer, Bashir Bayo Ojulari, disclosed this during a Parliamentary Roundtable on Pipeline Security held at the National Assembly in Abuja. He revealed that production has risen sharply from a low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, with recent peaks hitting 1.84 million.
Ojulari attributed the improvement to a strengthened security framework in the Niger Delta, designed to tackle oil theft and pipeline vandalism. According to him, the success is the result of a coordinated approach involving government agencies, security forces, industry stakeholders, and host communities.
He explained that the strategy combines policy alignment, intelligence gathering, enforcement operations, regulatory oversight, and community-based surveillance to protect critical infrastructure.
The renewed stability has also boosted investor confidence in Nigeria’s oil and gas sector, signaling a potential turnaround after years of disruption caused by sabotage and illegal activities.
At the event, Senate leadership and lawmakers emphasized the need for continued collaboration to sustain the gains. They urged stakeholders to address remaining challenges and ensure fairness and transparency across the sector.
The roundtable brought together top security chiefs, government officials, and industry regulators to assess progress and strengthen efforts to secure Nigeria’s oil pipelines.
