The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday reported significant progress with the construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project following the successful crossing of the River Niger.
The development has raised the hope that the project was on course towards its completion by Q4 2025.
Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, who announced the latest milestone while delivering a Keynote Address at the 24th NOG Energy Week (NOG) on Tuesday, said the feat was achieved through effective and innovative contract reengineering and industry collaboration.
He disclosed that for the first time in a long while, the nation enjoyed 100% crude oil pipelines availability throughout June 2025, adding that the feat was possible through the industry-wide security interventions led by the NNPC.
He however called for more investments to boost production, adding that NNPC Ltd has been able to turn the narrative around by consistently meeting its cash-call obligations to Joint Venture operations.
The NNPC, Ojulari announced, was targeting $60 billion in investments by 2030, with $17 billion already attracted in 2024, adding that the company planning to raise sustainable crude oil production to 2 million barrels per day by 2027 and 3 million barrels by 2030 .
The Petroleum Industry Act (PIA), he noted, has placed NNPC Ltd in a good position to live up to its responsibility of leading the industry in financing projects.
The AKK pipeline projects, which he described as a key component of Nigeria’s Gas Master Plan, was designed to boost industrialization, expand power generation, and support energy transition efforts.
“We’ve moved from crisis to control,” said the NNPC’s Group CEO said while highlighting the company’s progress in securing pipeline infrastructure and attracting new investments in the industry.
On his vision for the NOG 2025, Ojulari said he would like the conference to transit from a ‘talkshop’ to one where performances are celebrated and investment deals closed.
