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The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, announced that Nigeria's crude oil production has significantly increased from a low of 960,000 barrels per day in 2022 to an average of 1.71 million and a peak of 1.84 million barrels per day in 2025. This surge is attributed to enhanced pipeline security measures implemented in the Niger Delta.
Bayo Ojulari, the Group CEO of NNPC Ltd, outlined the company's plans to enhance fuel supply and improve gas utilization during the Nigeria International Energy Summit (NIES). He emphasized a shift towards actionable strategies in the downstream sector amidst Nigeria's energy challenges.
Bayo Ojulari, the Group Chief Executive Officer of NNPC Limited, has asserted that the corporation does not have the capacity to manage a refinery effectively, branding the rehabilitation of the Port Harcourt Refinery as a substantial waste of funds.
Bashir Bayo Ojulari, Group Chief Executive Officer of NNPC Limited, expresses confidence in the company's growth trajectory for 2025, highlighting significant achievements during the past year in his New Year address to staff.
