April 20, 2025
11 11 11 AM
PLATEAU BLOODSHED: NORTHERN ELDERS INDICT FG, DEMAND INVESTIGATIVE PANEL, COMPENSATION FOR VICTIMS     
CBEX NOT REGISTERED WITH US, BUT WE WILL HUNT DOWN OPERATORS – SEC           
ATIKU-LED COALITION TAGS PDP GOVERNORS TINUBU’S AGENTS       
FG INAUGURATES EIGHT-MAN NATIONAL POPULATION, HOUSING CENSUS COMMITTEE     
REVERSE BAN ON ‘TELL YOUR PAPA’       
FEDERAL GOVERNMENT EXPOSES IRREGULARITIES IN STUDENT LOAN DISBURSEMENTS BY BANKS
OIL PRICE SLUMP AS TARIFF TENSION PUSHES NIGERIA’S FX MARKET INTO TURBULENCE
SERAP THREATENS ACTION OVER BILL TO REGULATE BLOGGERS
YOU SHOULD BE WORRIED IF BUHARI’S isn’t ON YOUR SIDE”, NDUME TELLS TINUBU   
MANY THINGS HAPPEN IN TINUBU’S NAME WITHOUT HIS APPROVAL’, SAYS EX- ASO ROCK INSIDER LOULU AKANDE

OIL PRODUCTION : 3 MILLION BARRELS PER DAY ACHIEVABLE – NNPCL 

Share

OIL PRODUCTION : 3 MILLION BARRELS PER DAY ACHIEVABLE – NNPCL                                                                                                        28-09-24

By Sadiq Aminu                                                                The Nigerian National Petroleum Company Limited ( NNPCL ) , declared on Saturday in Abuja that production of 3million barrels of crude oil per day is achievable from the 1.7million it is, presently .

Making the declaration at Stakeholders Engagement Session NNPCL had with journalists covering the National Assembly, the Chief Corporate Communications Officer ( CCCO) of the oil conglomerate , Mr Olufemi Soneye said the feat is attainable with support from all stakeholders .

He said the political will in that regard , is already provided by President Bola Tinubu with directives to relevant security agencies to stem the ugly tide of oil theft and pipeline vandalism which
according to him , led to increase in daily oil production from 1.4 million to 1.7milliion barrels per day now .

“3million barrels oil production per day is achievable in Nigeria if all the stakeholders work in snergy for that purpose from the security agencies both government and private owned , to oil companies and host communities.

“With expected synergy from all the relevant stakeholders on war against oil theft and pipeline vandalism,required enabling environment,would be in place for optimal oil production to the volume of 2.5 to 3million barrels per day “, he said .

He earlier lamented that at a point ,oil production went down to 900,000barrels per day in the country before the involvement of private security agencies and renewed efforts of the military.

” At that time , we felt Nigeria was in trouble as far as oil theft was concerned but , the intensity of war against it , has allayed our fears “, he said .

However, in a power point presentation on the menace of crude oil theft and its impact on Nigeria’s economy by Deputy Manager, NNPC Command and Control Centre , Murtala Muhammad , said the crime of oil theft ,remains a serious concern .

According to him , over 8, 000 illegal refineries and 5, 800 illegal oil pipeline connections were detected and destroyed within the last six months .

He listed Bayelsa , Rivers , Imo, Abia etc ,to be hot spots of the crime .

In his paper presentation on “Balancing Reporting and Nation Building : The Role of National Assembly Press Corps’, the resource person , Professor Taiye Obateru , emphasized on fairness and national interest in all stories .

Cov

0 0 votes
Article Rating

Leave a Reply

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Home
Our Channel
About Us
Contact Us
0
Would love your thoughts, please comment.x
()
x