Nigeria is set to resume oil exploration and drilling in Ogoni land, Rivers State, for the first time in over 30 years. The federal government, alongside key stakeholders, announced plans to restart operations that could add an extra 50,000 to 100,000 barrels per day (bpd) to the country’s crude oil output.

National Security Adviser Nuhu Ribadu revealed this development during a presentation at the All Progressives Congress (APC) national summit in Abuja. “Nigeria’s oil production increased to an average of 1.8 million barrels per day in 2025,” Ribadu said, highlighting the progress under President Bola Tinubu’s administration.

This move marks a critical turnaround amid challenges like vandalism, dwindling investments, and aging infrastructure. While the restart promises economic revitalization, concerns remain about environmental safety and community involvement.

Ribadu also noted the broader impact of this move: “An extra 50,000 to 100,000 barrels per day from Ogoni could greatly aid Nigeria’s efforts to reach its OPEC output limit.” The increase is expected to stabilize Nigeria’s export levels and strengthen its position within OPEC.

Economically, the boost in oil exports is predicted to improve foreign exchange inflows, helping to stabilize the naira and ease currency demand pressures.

This, in turn, could enhance Nigeria’s external reserves and creditworthiness, making sovereign debt instruments more attractive to investors.

The restart of drilling operations in Ogoni land signals a hopeful new chapter for Nigeria’s oil sector and broader economy, even as stakeholders weigh the social and environmental implications.