JUST IN: NNPCL nears 100% Crude Oil Production Capacity – says CEO

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The Nigerian National Petroleum Company Limited (NNPCL) is nearing its full crude oil production capacity, thanks to strengthened collaboration with security and intelligence agencies. According to Bayo Ojulari, Group Chief Executive Officer of NNPC Ltd, “Not too long ago, our crude oil receipts through pipelines and terminals had dropped dangerously low, sometimes to as little as 20 to 30 percent.”

However, Ojulari reported that production and receipts are now close to 100 percent, attributing the turnaround to a deliberate and sustained partnership between the oil and gas industry and Nigerian defence and security institutions. “Today, I can proudly report to you all that our production and receipts are now attaining close to 100 percent,” he said.

Ojulari highlighted the impact of military operations, intelligence-driven interventions, and joint patrols in securing critical energy infrastructure. “These successes would not have been possible without the immense and intentional efforts of our government, the armed forces, and our intelligence community,” he noted. “Their sacrifices have created the enabling environment for oil and gas operations to thrive once again.”

The NNPC boss emphasized that threats to energy infrastructure are not limited to local actors, but involve sophisticated international syndicates. He called for greater regional and continental cooperation, stating that “energy security must be treated as a shared strategic priority.” Ojulari added, “Together we can safeguard Africa’s resources, reinforce peace, and create an enabling environment for prosperity for our people.”

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NNPCL is committed to supporting the military and intelligence agencies, with Ojulari reaffirming the company’s dedication to complementing continental defence initiatives. “At NNPC Limited, we hold this partnership in the highest regard. We stand ready to complement and cooperate with defence and security institutions, not just for Nigeria’s sake, but for Africa’s collective growth and stability.”

The maiden African Chiefs of Defence Staff Summit, attended by 36 countries, aimed to strengthen strategic defence collaboration and address contemporary threats to regional peace and security in Africa.

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