Mkpoikana Udoma
Port Harcourt — The Nigerian National Petroleum Company Limited, NNPC Ltd. and the Independent Petroleum Producers Group, IPPG, have reaffirmed their commitment to strengthening collaboration aimed at increasing national oil production and ensuring transparent, sustainable industry practices.
This followed a high-level meeting at the NNPC Towers in Abuja between the Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, and the IPPG delegation led by its Chairman, Mr. Abdulrazaq Isa, who is also the CEO of Waltersmith Petroman Oil Limited.
According to Ojulari, the meeting was part of NNPC’s broader efforts to align with Nigeria’s production mandate and foster synergy among indigenous producers, international oil companies, IOCs, and the national oil company.
“We are committed to working with IPPG and all stakeholders to strengthen production reporting, enhance transparency, and unlock the full potential of Nigeria’s oil and gas sector,” Ojulari said.
He noted that NNPC Ltd. is currently conducting a comprehensive baseline survey with active contributions from IPPG’s 32 member companies, aimed at establishing accurate production benchmarks and improving sector accountability.
“Our collaboration with IPPG has been instrumental in achieving credible production data. The recently released Monthly Report Summary for April 2025 is evidence of our renewed focus on transparent and sustainable reporting.”
On his part, IPPG Chairman, Mr. Abdulrazaq Isa, welcomed the growing collaboration with NNPC Ltd. and emphasized the need to maintain momentum in policy consistency, operational efficiency, and indigenous participation.
“We believe the partnership between NNPC Ltd., IOCs, and indigenous producers is critical for achieving Nigeria’s production targets. We also expect that the government will continue to create a conducive environment for sustainable growth of the industry.”
The IPPG Chairman added that the group remains committed to contributing meaningfully to Nigeria’s energy security and economic development, while also supporting reforms that drive efficiency and inclusivity.
