NUPRC Targets 250,000bpd from 22 Oil Blocks by 2030

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced its goal to achieve an additional 250,000 barrels of oil per day from 22 awarded oil blocks. This initiative is part of the Federal Government's strategy to convert idle assets into active production.

Mrs. Oritsemeyiwa Eyesan, the Commission Chief Executive, made this statement on October 20, 2026, during a two-day onboarding workshop in Lagos for holders of Petroleum Prospecting Licences (PPLs) from the 2022/2023 and 2024 Licensing Rounds. Eyesan emphasized the expectation for these awardees to contribute significantly to Nigeria's oil output, aiming for a national production target of 3 million barrels per day by 2030.

The workshop included sessions on regulatory frameworks, work programme obligations, exploration, and financing, aimed at guiding PPL holders towards their first oil production. Eyesan urged the awardees to be diligent and accountable, warning against speculative asset holding.