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Celebrating Nigeria’s Oil Boom: NDYC Applauds NNPC Ltd for Growth

The Niger Delta Youth Congress (NDYC) has publicly commended the Nigerian National Petroleum Company Limited (NNPC Ltd) on its recent accomplishment in boosting crude oil and gas production. With current levels reaching 1.8 million barrels per day for crude oil and 7.4 standard cubic feet per day for gas, NDYC sees this as a major step forward, aligning closely with the production goals set by President Bola Ahmed Tinubu.

The NDYC lauded the efforts of Group Chief Executive Officer Mr. Mele Kyari, acknowledging his commitment and strategic leadership, which have driven this remarkable achievement. They highlighted the successful formation and work of the Production War Room Team, created on June 25, 2024, as pivotal in stabilizing and enhancing production. The organization also recognized the valuable partnerships with Joint Venture and Production Sharing Contract collaborators, as well as the crucial role played by the Office of the National Security Adviser and other security agencies in protecting Nigeria’s energy resources.

With NNPC Ltd now aiming for a production target of two million barrels per day by the end of the year, NDYC voiced its continued support for all efforts that strengthen the energy sector, noting the significant contribution of this progress to Nigeria’s economic stability.

Additionally, the NDYC welcomed recent leadership changes within NNPC Ltd, commending the appointments of Mr. Adedapo Segun as Chief Financial Officer, Mr. Isiyaku Abdullahi as Executive Vice President for Downstream, and Mr. Udobong Ntia as Executive Vice President for Upstream. The NDYC believes that these leaders, with their depth of experience, will play a crucial role in further advancing NNPC Ltd’s objectives.

The NDYC also expressed its appreciation for NNPC Ltd’s Board Chairman, Chief Pius Akinyelure, whose dedication to ensuring the organization’s financial and operational sustainability has been key to NNPC Ltd’s trajectory of growth.

In its closing statement, the NDYC reaffirmed its support for NNPC Ltd’s ongoing work to elevate production levels and bring long-term stability to the nation’s energy sector. The group remains optimistic that these advancements signify the beginning of a new phase in Nigeria’s energy development, with positive impacts for both the economy and the Nigerian people.