The Independent Petroleum Producers Group has expressed strong support for President Bola Tinubu’s administration, praising its policy reforms and leadership in transforming Nigeria’s energy sector.
Soeaking at the 8th Nigeria International Energy Summit (NIES 2025), IPPG Chairman, Abdulrazaq Isa acknowledged the government’s efforts to boost industry growth, rebuild investor trust, and elevate Nigeria’s position in the global energy market.
The IPPG commended President Tinubu’s reform agenda for its significant impact on the Nigerian energy sector.
The Group highlighted that under his leadership, Nigeria has achieved a key milestone by meeting OPEC’s production quota of 1.5 million barrels per day, a feat made possible by improved security conditions in the Niger Delta.
“Notably, Nigeria has met OPEC’s production quota of 1.5 million barrels per day, facilitated by improved security conditions in the Niger Delta.
“The administration has also secured multi-billion-dollar Final Investment Decisions (FIDs), unlocking major projects such as the NNPC Ltd & TotalEnergies’ Ubeta Field Development and Shell’s Bonga North, the first deepwater FID in over a decade,” the Group said.
The IPPG also lauded the progress made under the Decade of Gas Initiative, which has accelerated key gas development projects, boosted LNG production, and strengthened gas-to-power efforts, further solidifying Nigeria’s position as a gas powerhouse.
Additionally, the continued deregulation of the downstream sector has improved product availability, market efficiency, and competitiveness.
“These achievements did not come easy and should not be taken for granted,” Isa said, urging continued commitment from all stakeholders to ensure long-term sustainability and prosperity in the industry.
As Isa’s tenure as IPPG Chairman concludes in June 2025, he emphasized the need for Nigeria to move beyond a commodity-export-driven economy.
He advocated for a shift toward developing a value-creating midstream and downstream sector to promote long-term growth and sustainability.
Isa also called for stronger integration between the energy sector and industries like petrochemicals, agriculture, power, manufacturing, and transportation, urging that such collaboration would unlock Nigeria’s full economic potential.
As International Oil Companies divest and transfer operational control to indigenous players, Isa reaffirmed IPPG’s commitment to industrialization, job creation, and enhancing energy security in Nigeria.
“IPPG members now have a national responsibility and will act as worthy stewards, upholding global best practices and operational excellence”, Isa said.
