May 21, 2026
Seplat
By Nkiruka Nnorom
LAGOS — Seplat Energy Plc has rolled out a five-year growth plan aimed at ramping up oil production to 500,000 barrels per day and paying out $1 billion in dividends to shareholders, as it consolidates gains from the acquisition and integration of Mobil Producing Nigeria Unlimited, MPNU.
Making this disclosure at the company’s post-Annual General Meeting media briefing in Lagos, the Chairman, Senator Udoma Udo Udoma, said the targets reflected the company’s ambition to become the leading energy firm in Nigeria and beyond.
