National Economy
Friday, July 11, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home States & Politics

Independent Petroleum Group Commends Tinubu’s Efforts In Advancing Nigeria’s Energy Sector

by `
4 months ago
in States & Politics
Reading Time: 2 mins read
Petroleum
Share on FacebookShare on TwitterShare on Telegram

You May Like

NICON Insurance Pensioners Fume Over Exclusion From Revised Pension Adjustments

Atlas Core Energy’s Initiative To Drive Nigeria’s Clean Energy Transition

The Independent Petroleum Producers Group
IPPG, has lauded the administration of President Bola Ahmed Tinubu for its bold policy reforms and visionary leadership in revitalizing Nigeria’s energy sector.
At the opening ceremony of the 8th Nigeria International Energy Summit (NIES 2025), IPPG Chairman, Mr. Abdulrazaq Isa, highlighted the administration’s role in driving industry advancements, restoring investor confidence, and positioning Nigeria as a formidable force in the global energy landscape.
Under President Tinubu’s reform agenda, the Nigerian energy sector has recorded landmark achievements. 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.
IPPG also praised the significant strides made under the Decade of Gas Initiative, which has fast-tracked critical gas development projects, expanded LNG production, and strengthened gas-to-power initiatives, reinforcing Nigeria’s status as a gas powerhouse. Additionally, sustained downstream deregulation has enhanced product availability, market efficiency, and competitiveness.
“These achievements did not come easy and should not be taken for granted,” Mr. Isa noted, urging continued commitment from all stakeholders to ensure long-term sustainability and prosperity in the industry.
As his tenure as IPPG Chairman approaches its conclusion in June 2025, Mr. Isa emphasized the urgency of transitioning from a commodity-export-driven economy to a value-creating midstream and downstream industry. He called for deeper integration between the energy sector and industries such as petrochemicals, agriculture, power, manufacturing, and transportation to unlock Nigeria’s full economic potential. He pledged full support for the Domestic Crude Oil Supply Obligation (DCSO) policy, recognizing its critical role in ensuring Nigeria’s energy prosperity.
With IOC divestments shifting operational control to indigenous players, Mr. Isa reaffirmed IPPG’s dedication to industrialization, job creation, and energy security.
“IPPG members now have a national responsibility and will act as worthy stewards, upholding global best practices and operational excellence”, Isa stated.
Marking a pivotal moment, IPPG also unveiled its new logo at NIES 2025 —a symbol of renewed dedication to the nation’s energy aspirations. This updated logo embodies the group’s vision of an industry that fuels national development and elevates Nigeria’s standing on the global stage.

Tags: Energy SectorPetroleum
ShareTweetShare
Previous Post

Flutterwave, SMEDAN Partner To Drive Small Business Growth In Nigeria

Next Post

Strengthening Indigenous Companies Impact In Oil, Gas Business Through NOGICD Act

ANOTHER GOOD READ

NICON Insurance Pensioners Fume Over Exclusion From Revised Pension Adjustments
States & Politics

NICON Insurance Pensioners Fume Over Exclusion From Revised Pension Adjustments

4 days ago
Atlas Core Energy’s Initiative To Drive Nigeria’s Clean Energy Transition
States & Politics

Atlas Core Energy’s Initiative To Drive Nigeria’s Clean Energy Transition

4 days ago
Union Bank Reaffirms Commitment To Quality Education
States & Politics

Union Bank Reaffirms Commitment To Quality Education

4 days ago
APC Dismisses ADC Coalition As Desperate Gathering Of Vendetta Merchants
States & Politics

APC Dismisses ADC Coalition As Desperate Gathering Of Vendetta Merchants

4 days ago
Lagos To Move 100,000 Passengers Daily On State Inland Waterways
States & Politics

Lagos To Move 100,000 Passengers Daily On State Inland Waterways

2 weeks ago
Dangote Cement Trains Host Community Leaders For Optimal Performance
States & Politics

Dangote Cement Trains Host Community Leaders For Optimal Performance

2 weeks ago
Next Post
Strengthening Indigenous Companies Impact In Oil, Gas Business Through NOGICD Act

Strengthening Indigenous Companies Impact In Oil, Gas Business Through NOGICD Act

Most Recent

Trump Cryptocurrency Drops Amid US Tariff Backlash

Trump Threatens 10% Tariff On Countries Aligning With BRICS

July 7, 2025
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

July 7, 2025
CBN Unveils New Liquidity Instruments For NIFIs

CBN Clarifies BVN Fee For Nigerians In Diaspora

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Fiscal Governance Lifeblood Of National Development— Tinubu

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

July 7, 2025
LG Launches “Radio Optimism” Campaign

LG Launches “Radio Optimism” Campaign

July 7, 2025
Are Africans Genetically Inferior?

Are Africans Genetically Inferior?

July 7, 2025
Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

July 7, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy