The Nigerian Nationwide Petroleum Firm Restricted has unveiled its Gasoline Grasp Plan 2026, concentrating on 10 billion cubic ft of every day gasoline manufacturing to drive industrialisation and strengthen Nigeria’s power safety.
The plan was launched on Friday on the NNPC Towers in Abuja, in keeping with a press release issued by the corporate’s Chief Company Communications Officer, Andy Odeh.
The initiative, the assertion mentioned, alerts a renewed push by the Federal Authorities and trade stakeholders to translate Nigeria’s huge gasoline sources into financial worth via disciplined execution, infrastructure growth and market enlargement.
What they’re saying
The Gasoline Grasp Plan 2026 marks a strategic shift from coverage formulation to execution throughout Nigeria’s gasoline worth chain.
Authorities officers and trade leaders on the launch described the plan as a commercially pushed roadmap aligned with nationwide growth targets.
“In the present day’s launch will not be merely the disclosing of a doc; it represents a deliberate shift in direction of a extra built-in, commercially pushed and execution-focused gasoline sector aligned with Nigeria’s growth aspirations,” mentioned the Minister of State for Petroleum Sources (Gasoline), Rt. Hon. Ekperikpe Ekpo.
“Nigeria is essentially a gasoline nation. With one of many largest confirmed gasoline reserves in Africa, our problem has by no means been potential, however translation,” Ekpo added.
Group Chief Government Officer of NNPC Ltd, Bashir Ojulari, described the NGMP 2026 as a daring, execution-anchored roadmap designed to unlock Nigeria’s immense gasoline potential and elevate the nation right into a globally aggressive gasoline hub.
The Chairman of the Unbiased Petroleum Producers’ Group, Adegbite Falade, mentioned the plan would assist bridge the hole between coverage intent and execution.
The Chairman of the Oil Producers Commerce Part, Matthieu Bouyer, recommended NNPC Ltd for the ambition behind the roadmap.
The feedback underscore the emphasis on implementation, industrial viability and coordinated sector-wide motion.
Extra Insights
The Gasoline Grasp Plan 2026 outlines bold manufacturing and funding targets geared toward strengthening home provide and boosting exports.
NNPC Ltd mentioned the plan prioritises price optimisation, operational excellence and systematic useful resource growth.
- Nigeria at the moment holds about 210 trillion cubic ft of confirmed gasoline reserves, with upside potential of as much as 600 trillion cubic ft.
Ojulari mentioned, “The Plan is structured not simply to ship – however to exceed- the Presidential mandate of accelerating nationwide gasoline manufacturing to 10 billion cubic ft per day by 2027 and 12 billion cubic ft per day by 2030, whereas catalysing over 60 billion {dollars} in new investments throughout the oil and gasoline worth chain by 2030.”
- NNPC estimates that the roadmap might catalyse greater than $60 billion in new investments throughout the oil and gasoline worth chain by the top of the last decade.
- Key focus areas embrace gasoline provide to energy era, compressed pure gasoline, liquefied petroleum gasoline, Mini-LNG and industrial offtakers.
NNPC mentioned the plan was developed utilizing a collaborative and investor-centric method, with alignment throughout operators, companions and financiers.
Rise up to hurry
Nigeria has lengthy sought to maximise worth from its considerable gasoline sources, however progress has been constrained by infrastructure gaps and execution challenges.
Earlier coverage frameworks targeted largely on setting course quite than supply.
- The unique Nigerian Gasoline Grasp Plan was launched in 2008 to drive home gasoline utilisation and financial worth.
- Over time, altering market realities, infrastructure deficits, and regulatory reforms necessitated an up to date framework.
- The passage of the Petroleum Business Act and the Federal Authorities’s Decade of Gasoline Initiative reshaped the working surroundings.
The Gasoline Grasp Plan 2026 displays these new realities, aligning gasoline growth with Nigeria’s power transition agenda.
What it’s best to know
In December 2025, the Federal Authorities formally launched the nation’s first on-line gasoline buying and selling, clearing, and settlement platform.