Nigeria’s crude oil production has climbed to its highest level in five years, averaging 1.71 million barrels per day between April 2025 and April 2026.
This was disclosed in the NNPC’s One Year Mandate Report Summary shared on X by its Group Chief Executive Officer, Bayo Ojulari.
The national oil company’s upstream arm, NNPC Exploration and Production Limited, also recorded a record output of 565,000 barrels per day in December 2025.
According to the report, progress was also made in gas infrastructure, including the completion of the River Niger crossing on the Ajaokuta-Kaduna-Kano pipeline, with full welding finalised in July 2025.
The Assa North-Ohaji South gas processing facility and the Obiafu-Obrikom-Oben pipeline link were commissioned, while gas supply was maintained at 7.5 billion standard cubic feet per day in 2025. New agreements were also signed with Dangote Cement, Dangote Refinery, and CNG Ibese.
In January 2026, the company launched its Gas Master Plan and entered a tripartite agreement with China Gas Holding Ltd and Peiyang Chemical Singapore to boost gas development.
NNPC said it secured a 7.25 per cent equity stake in the Dangote refinery to safeguard national interests and adopted an incorporated joint venture model, enabling refineries to operate independently and fund their activities.
The company also expanded operations through shipping partnerships with Stena Bulk and Sonangol, introduced a new crude grade known as Cawthorne, and extended its Oleum lubricant brand across West Africa.
Internally, reforms included recruiting 1,000 staff, introducing a new performance management system, and launching a women in NNPC initiative to promote inclusion.
NNPC added that it reinstated monthly performance reporting, held its first earnings call in November 2025, and resumed consistent remittances to the federation account from July 2025.
The report further noted that presidential approval was obtained to support investment decisions on the Bonga South-West Aparo project, alongside the execution of a new production sharing contract model covering PPL 2000 and 2001.
Additionally, a resolution was reached in the long-standing OPL 245 dispute, leading to its conversion into a new production-sharing agreement covering PMLs 102 and 103, as well as PPLs 2011 and 2012.