The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has projected that the country’s rig count will reach 50 by the end of 2025.
This disclosure was made by NUPRC Chief Executive, Gbenga Komolafe during the ongoing 2025 Nigeria International Energy Summit (NIES) on Wednesday in Abuja.
According to the commission, Nigeria’s rig count has grown significantly from eight in 2021 to 40 in 2025.