NNPCL

NNPC: Nigeria can produce 3m per barrel crude oil if stakeholders work together

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The Nigerian National Petroleum Company said Nigeria can produce three million barrels per day of crude if all the stakeholders in the oil sector work in synergy.

The country currently produces an average of 1.3 million barrels per day (bpd), according to data from the Organisation of Petroleum Exporting Countries (OPEC).

Olufemi Soneye, the Chief Communication Officer of the NNPCL, spoke at Abuja on Saturday, at a Stakeholders Engagement Session with National Assembly journalists.

He said achieving this would be dependent on getting the cooperation of all stakeholders, including security agencies, government, privately-owned oil companies, and host communities.

Soneye said the country is now averaging 1.7 million bpd because of a recent directive given by President Bola Tinubu to security agencies.

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

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

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

Also, Murtala Muhammad, NNPC’s deputy manager, command and control centre, said in six months, over 8,000 illegal refineries and 5,800 illegal oil pipelines were found and destroyed.

He highlighted that oil theft remains a great danger.

A Resource person at the event, Prof. Taiye Obateru, stressed the importance of balanced and fair reporting in nation-building, urging journalists to avoid spreading misinformation that could spark societal crises.

“As journalists, you must shun mal-information, which manifests through fabricated contents, false contents, satire, and parody,” Obateru said.

 

 

 

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