NNPC Rejects Underperformance Claims, Says Oil Output Up 6% Under Ojulari
Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd) yesterday rejected allegations of impropriety and poor performance levelled against its management by the Oil and Gas Professionals Forum
The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed accusations of misconduct and subpar performance made by the Oil and Gas Professionals Forum (OGPF). The NNPC's CEO, Bayo Ojulari, stated that the company has experienced consistent growth in crude oil and gas production under his leadership. The NNPC clarified that it has no regulatory or decision-making authority over oil licensing rounds, emphasizing that this responsibility lies with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Following OGPF's allegations, the NNPC released a statement asserting that the figures cited by the forum do not align with its production statistics. In April 2025, NNPC reported an average crude oil production of 1.60 million barrels per day (mbpd), which increased to 1.67 mbpd in April 2026. This represents a 6% growth, or approximately 80,000 bpd, according to the NNPC's Monthly Performance Report.
Similarly, gas production increased from 7,354 million standard cubic feet per day (mmscfd) to 7,729 mmscfd, marking a 5% growth. The NNPC welcomed scrutiny of its operations but insisted that the forum's claims lacked factual basis, urging all parties to rely on verifiable data before making public statements about the company's performance.
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