Nigeria’s average crude oil output in 2025 grew to 1.64 million barrels per day (mbpd), a 5.8 percent increase over the same time in 2024, according to the Independent Petroleum Producers Group (IPPG).

Mr. Adegbite Falade, Chairman of IPPG, disclosed this at the recently concluded Nigeria International Energy Summit 2026 (NIES) in Abuja, where he highlighted progress across the oil and gas value chain, including increased upstream output, gas infrastructure expansion, and rising domestic refining capacity.

Falade stated that indigenous producers now account for more than half of Nigeria’s total oil output, citing increased local ownership and supportive legislative initiatives.

Falade welcomed Gambia’s President Adama Barrow and representatives from the international energy community, including leaders of the Gas Exporting Countries Forum and the African Petroleum Producers Organisation, and commended President Bola Ahmed Tinubu for sustaining and deepening industry reforms.

He believes that early signals indicate increased investor confidence and sector performance.

He did, however, stress the critical need for strategic changes, improved collaboration, and increased value creation within Nigeria’s indigenous energy ecosystem.

“Nigeria’s energy future must be defined by self-sufficiency, competitiveness and collaboration,” Falade said. “We must move beyond exporting raw hydrocarbons and build an ecosystem that creates in-country value, strengthens GDP contribution and delivers lasting benefits for all Nigerians.”

Referring to the summit’s theme, “Energy for Peace and Prosperity: Securing Our Shared Future,” he emphasized the necessity of energy security as a basis for African stability and economic growth.

Falade encouraged stakeholders, including operators, regulators, service providers, and investors, to work together more closely to ensure long-term growth and a resilient energy future for Nigeria and the continent.