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By Adewale Sanyaolu
The Independent Petroleum Producers Group (IPPG), an assemblage of local players, says it now accounts for 50 per cent of oil and gas production.
The group is also celebrating a decade of resilience, collaboration, and transformative impact in Nigeria’s oil and gas industry.
Speaking at the milestone event, IPPG Chairman and Chief Executive Officer of Aradel Holdings, Mr. Adegbite Falade, described the journey as “a decade defined by purpose, partnership, and impact.” He noted that the anniversary was not merely a celebration of longevity, but a reaffirmation of the Group’s shared commitment to strengthening indigenous leadership and advancing Nigeria’s energy sector.
Through sustained advocacy and collaboration with government and regulators, indigenous operators now account for over 50 per cent of Nigeria’s crude oil and gas production, an achievement widely seen as evidence of IPPG’s growing influence and effectiveness.
“This anniversary marks a decade in which indigenous operators have demonstrated their capacity to lead, deliver value, and shape the future of Nigeria’s energy sector,” Falade said.
He added that over the past ten years, IPPG has evolved into a leading industry voice and a credible partner in sector development.
He noted that through sustained advocacy and collaboration with government and regulators, indigenous operators have been able to grow oil and gas production, an achievement widely seen as evidence of IPPG’s growing influence and effectiveness.
Falade commended the administration of President Bola Ahmed Tinubu for reforms aimed at repositioning the sector for growth and investment.
He also acknowledged the support of the Ministers of State for Petroleum Resources, the Special Adviser to the President on Energy, and the leadership of key institutions, including the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian Content Development and Monitoring Board (NCDMB), and the NNPC Limited.
Reflecting on the anniversary theme, “Building on a Decade of Impact,” Falade reaffirmed IPPG’s commitment to supporting government efforts to achieve energy security, particularly in the wake of International Oil Company divestments.
He emphasised that responsibility now rests squarely on indigenous operators to deliver sustainable production growth.
Representing President Tinubu, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, described IPPG as a critical force in the industry and “one of the best things to have happened to Nigeria’s oil and gas sector.”
He also cited the appointment of Mr. Ademola Adeyemi-Bero as Nigeria’s OPEC Governor and Chairman of the OPEC Board of Governors for 2025 as global recognition of indigenous capacity.
The celebration featured a high-level fireside chat on indigenous leadership and the industry’s future, as well as Leadership Recognition Awards honoring distinguished members and sector leaders.
IPPG reiterated its resolve to contribute meaningfully to Nigeria’s targets of 3 million barrels of oil per day and 12 billion standard cubic feet of gas by 2030.
Over the next five years, the Group says it will prioritise infrastructure expansion, host community engagement in the Niger Delta, capacity building, strong governance and responsible resource development.
