Nigeria can boost oil production to 1.9 million barrels per day, says NUPRC.

By Obas Esiedesa, Abuja

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Nigeria can lift crude oil production to 1.9 million barrels per day (bpd), building on recent gains that saw output peak at 1.86 million bpd in May.

Commission Chief Executive Mrs. Oritsemeyiwa Eyesan made the announcement on Wednesday during a meeting with Nigeria Revenue Service (NRS) Chairman Dr. Zacch Adedeji at the NRS headquarters in Abuja.

In a statement, Eyesan said the oil sector is returning to a growth trajectory, with production improving steadily despite existing challenges. “We are back to production. We are ramping up now, and we want to continue working,” she said.

She highlighted that addressing infrastructure gaps and enhancing asset integrity are essential for sustaining output growth. “We still recognise the constraints. Infrastructure and asset integrity are major constraints, but we will work on these,” she added.

Eyesan also noted that developing human capacity within the sector remains critical for maintaining production expansion.

The meeting focused on strengthening collaboration between NUPRC and the NRS to improve transparency, accountability, and efficiency in revenue collection from the oil and gas industry. She praised reforms at the revenue agency, observing that the transition under the new framework had been smooth.

Eyesan reiterated the commission’s commitment to creating an enabling environment for investors and operators. “We are here to enable their businesses, ensure that they survive, and that they succeed. And we want to grow the pie because when you grow the pie, everybody benefits,” she said.

She also disclosed that digitisation of NUPRC operations has largely been achieved as part of its reform agenda.

Responding, NRS Chairman Dr. Zacch Adedeji pledged continued collaboration with the commission to boost revenue generation and strengthen transparency in the petroleum sector. “It is in the interest of Nigeria that we work together to grow revenue for the country in a transparent manner,” he said. He added that the NRS would continue supporting royalty collection and other revenue processes in the upstream petroleum industry.

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