The Federal Government has projected a major boost in Nigeria’s crude oil production, estimating an additional 600,000 barrels per day (bpd) increase as new investments continue to flow into the nation’s upstream oil and gas sector.

According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the surge will be driven by 28 new Field Development Plans (FDPs) approved in 2025, which are also expected to contribute more than 2 billion standard cubic feet of gas per day to national output.

If the target is achieved, Nigeria’s total crude oil production could rise to about 1.89 million barrels per day, compared to the current 1.39 million barrels per day recorded in September.

The Federal Government explained that the renewed investor confidence follows key reforms in the energy sector, which have streamlined approval processes, improved transparency, and encouraged active participation by both local and international oil companies.

Recent milestones, including the commissioning of Nigeria’s first wholly owned floating production vessel, are part of broader efforts to expand drilling activities and enhance export capacity.

Analysts note that these developments position Nigeria for a new phase of growth in its oil industry, reinforcing its role as a key player in the global energy market while supporting national revenue generation and energy security.