Nigeria, Congo set ambitious oil production targets to attract investment

Nigeria aims to ramp up its oil production to 2.6 million barrels per day (bpd) by 2026, while the Republic of Congo is on track to boost output to 500,000 bpd by the end of 2025. These expansion plans highlight both countries’ commitment to strengthening their energy sectors and attracting strategic investments.
A key platform for advancing these goals is the upcoming Congo Energy & Investment Forum (CEIF) 2025, scheduled for March 24-26 in Brazzaville. The event, held under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together global investors and local stakeholders to explore energy and infrastructure opportunities across the region. Discussions will focus on the latest gas-to-power initiatives and ongoing oil sector expansions.
As Africa’s largest and fourth-largest oil producers, respectively, Nigeria and Congo are implementing various strategies to enhance foreign investment in their energy industries. Nigeria has introduced policies to create a more investor-friendly environment, while Congo’s production surge is driven by major industry players, including TotalEnergies, Trident Energy, and Perenco.
CEIF 2025 is set to serve as a critical platform for fostering regional energy cooperation, economic growth, and security. Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, is expected to play a pivotal role in shaping discussions at the forum, emphasizing how partnerships between leading oil-producing nations can unlock the full potential of upcoming projects and reshape Africa’s energy landscape.
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