Oando Energy Resources reaffirms support for Nigeria’s indigenous upstream sector and strengthens collaboration with IPPG to boost local oil production

Oando Energy Resources has reaffirmed its commitment to advancing Nigeria’s indigenous upstream sector following a strategic visit by Adegbite Falade, Chairman of the Independent Petroleum Producers Group (IPPG) and Managing Director/CEO of Aradel Holdings.

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The engagement focused on enhancing collaboration among local producers and promoting coordinated industry advocacy as indigenous operators take on greater responsibility for national oil and gas output.

Falade acknowledged Oando’s pivotal role within IPPG, noting that over the past decade, local producers have shifted the centre of gravity in Nigeria’s upstream industry, now accounting for more than half of national production.

“Oando is a solid part of that story and has consistently strengthened our collective voice in external engagements,” he said.

He also commended Oando’s leadership, highlighting the support of Wale Tinubu, Group CEO of Oando Plc, and Omamofe Boyo, Deputy Group CEO, particularly for the company’s contribution to IPPG’s 10-year anniversary activities.

Responding, Oando Energy Resources Managing Director Ainojie Irune reaffirmed the firm’s long-term commitment to IPPG and to growing indigenous upstream capacity in Nigeria.

“Disciplined execution, strong governance, and coordinated advocacy will be critical to sustaining production growth and ensuring industry stability,” he said.

Falade emphasised the need for sharper advocacy, stronger institutional alignment, and deeper coordination among member companies to actively shape regulation and policy in line with operational realities.

Concluding the meeting, Irune welcomed the strengthening of IPPG’s leadership structure, describing robust institutional frameworks as essential for adapting to evolving regulatory, operational, and market dynamics.

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The visit highlights Oando’s continued influence as a leading indigenous operator driving Nigeria’s upstream sector forward and supporting collaborative efforts to build a resilient and competitive energy industry.