Niger Delta Youth Congress hails NNPCL 1.8 Million barrels Per Day milestone

The Niger Delta Youth Congress (NDYC) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for achieving a significant increase in crude oil production, reaching 1.8 million barrels per day (mbpd).

In a statement signed by its National Coordinator, Comrade Israel Uwejeyan, the NDYC described the milestone as an exceptional achievement under the mandate given by President Bola Ahmed Tinubu.

The congress praised the visionary leadership of NNPC Ltd’s Group Chief Executive Officer, Mr. Mele Kyari, who has been instrumental in driving the company’s production recovery and growth.

According to the statement, the establishment of the Production War Room Team, inaugurated on June 25, 2024, has yielded impressive results in stabilizing and boosting production outputs, the statement noted.

The NDYC also recognised the contributions of the team and appreciated the strategic partnerships with Joint Venture and Production Sharing Contract partners, as well as the Office of the National Security Adviser and security agencies in safeguarding Nigeria’s energy assets.

According to the statement, the congress is confident that NNPC Ltd will continue to build momentum, aiming to achieve 2 million barrels per day by year’s end.

The NDYC also welcomed recent leadership appointments within NNPC Ltd, including Mr. Adedapo Segun as Chief Financial Officer, Mr. Isiyaku Abdullahi as Executive Vice President (EVP) for Downstream, and Mr. Udobong Ntia as EVP for Upstream.

“These leaders bring a wealth of experience, and we believe their expertise will further strengthen NNPC Ltd’s capacity to deliver sustainable energy development and economic growth for Nigeria.”

The statement also commended the strategic vision of NNPC Ltd’s Board of Directors, particularly Chairman Chief Pius Akinyelure, who has tirelessly supported the recovery process and emphasized the importance of cash flow projections to sustain and plan for the company’s growth trajectory.

The NDYC reaffirmed its commitment to supporting NNPC Ltd and its leadership in their journey toward enhanced production and sustainable energy, describing the milestone as a testament to the dedication of all stakeholders and NNPC Ltd’s leadership in fulfilling their mandate to drive Nigeria’s energy potential.