Lokpobiri Reaffirms FG’s Commitment to Balancing Crude Oil Production for Domestic and Export Needs

The Minister of State for Petroleum Resources, Heineken Lokpobiri, has reaffirmed the Federal Government’s commitment to ensuring that every barrel of crude oil produced in Nigeria supports both domestic consumption and international supply obligations. Lokpobiri gave the assurance on Tuesday in Lagos during the opening ceremony of the Crude Oil Refinery-Owners Association of Nigeria (CORAN) 2025 Summit.

Speaking on behalf of the minister, his Technical Adviser, Ndah Adaba, emphasized that the administration remains focused on achieving energy security through optimal production, value addition, and private sector collaboration. He said the government recognizes the strategic role of refinery owners in driving industrialization and reducing the nation’s dependence on imported petroleum products.

The summit, themed “Refinery – Key to Energy Security in Africa,” brought together key stakeholders across the oil and gas value chain. Discussions centered on advancing refinery operations, policy reforms, and regional partnerships aimed at strengthening Africa’s refining capacity and ensuring sustainable energy supply.

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