Nigeria has laid out an ambitious plan to boost crude oil production to 3 million barrels per day and increase natural gas output to 12 billion cubic feet daily by 2030, following the recently concluded NOG Energy Week in Abuja.
The conference, held at the Bola Ahmed Tinubu International Conference Centre, brought together over 6,000 energy professionals, 250 exhibiting companies, and more than 125 expert speakers from around the globe. The event offered a platform for government officials, industry executives, and investors to collaborate on strengthening local capacity and enhancing Nigeria’s energy independence.
Wemimo Oyelana, Country Director of dmg Nigeria Events, described this year’s gathering as a pivotal moment for the sector, noting that discussions on the “Nigeria First” policy, technological advancement, and indigenous operator capacity have produced actionable strategies to guide the nation’s energy trajectory.
NNPC Limited CEO, Engr. Bashir Bayo Ojulari, highlighted the country’s progress in attracting investment, revealing that Nigeria secured $17 billion in new energy investments in 2024, with projections of $30 billion by 2027 and $60 billion by 2030. He also reported that all major crude pipelines reached full operational availability in June 2025 and confirmed significant progress on the AKK Gas Pipeline, including its crossing of the River Niger.
Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board, stressed the importance of building energy capacity from within, noting that local participation across exploration, production, processing, and delivery is essential for job creation, value retention, and energy self-sufficiency.
The conference also highlighted the rising role of indigenous operators, who now possess the technical skills and regulatory backing under the Petroleum Industry Act to optimize newly acquired assets. Stakeholders emphasized Nigeria’s vast gas potential, citing projects like the Nigeria–Equatorial Guinea Gas Pipeline and the Midstream and Downstream Gas Infrastructure Fund as critical for industrialization, power generation, and domestic LPG adoption.
Speakers called for technology domestication and workforce development, encouraging partnerships between research institutions and energy companies, as well as structured training programs to equip young engineers with practical skills for the sector’s future needs.
Organized by dmg Nigeria Events in partnership with NNPC Limited and other strategic players, NOG Energy Week 2025 reaffirmed its position as West Africa’s leading energy platform, delivering strategic directions aimed at accelerating Nigeria’s drive toward energy abundance and sustainable economic growth.
