Nigeria oil and gas sector don attract more than $24 billion dollars investment- NNPC oga
Ojulari say even though Nigeria get plenty oil reserves, di poor performance for past years show say dem need disciplined execution and alignment between policy, capital, and technology.
Nigeria oil and gas sector don attract more than $24 billion dollars investment, according to NNPCL boss, Engr. Bashir Bayo Ojulari.
E talk dis one for di 2026 Oloibiri Lecture & Energy Forum (OLEF 2026) wey happen for Port Harcourt. E say di reforms wey Nigerian Upstream Petroleum Regulatory Commission (NUPRC) carry out help settle old asset problems and unstuck di stalled Final Investment Decisions.
Di topic of di lecture na, “Beyond Three Million Barrels Target: Harmonizing Digitalization, Capital and Policy Frameworks for Intelligent Operations and Asset Optimisation.” Many important pipo bin dey there, including Ministers of Petroleum Resources, heads of regulatory bodies, leaders of National Oil Companies, and oda key stakeholders.
Di person wey represent Ojulari, EVP Upstream, Udobong Ntia, talk say to reach di target of 3 million barrels per day go need capital, data, and good regulation. E show confidence say Nigeria fit compete for world stage.
For di keynote speech, NUPRC boss, Oritsemeyiwa Eyesan, talk say to increase production no be only drilling, but we need flexible regulatory frameworks wey go attract investment, enable digital oilfields, and create lasting value.
E say even though Nigeria get plenty oil reserves, di poor performance for past years show say we need disciplined execution and alignment between policy, capital, and technology.
Di Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) boss, Engr. Saidu Mohammed, talk say to reach Nigeria target of 3 million barrels per day of oil and 22 BCF of gas go need strong financing, advanced technology, and good regulation, so dat Nigeria fit become strong energy hub for dis changing world.
For im own talk, di Chairman of Society of Petroleum Engineers, Nigeria Council, Mr. Francis Nwaochei, say di 2026 Oloibiri Lecture & Energy Forum (OLEF 2026) be one important moment to change di industry direction toward future wey dey based on intelligence, strength, and shared prosperity.