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Defense Minister Aims For 1.9 Million Barrels Daily By Year-end - Politics - Nairaland

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Defense Minister Aims For 1.9 Million Barrels Daily By Year-end by Oluchi54: 2:24pm On Nov 13, 2023
Nigeria’s Defense Minister, Bello Matawalle, has unveiled a plan to increase the country’s oil production level to 1.9 million barrels per day, marking an improvement from the current 1.5 million barrels per day, as reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in October 2023.

The Defense Minister attributed this positive outlook to the federal government’s commitment to combat crude oil theft, which has long plagued the Niger Delta region and hindered oil production.

Matawalle highlighted the success of the government’s efforts, stating, “Before now, due to oil theft activities in the Niger Delta region, oil production dropped to about one million barrels per day. But production has increased with the Federal Government’s actions and the onslaught of the combined military against oil thieves.”

He emphasized the collaborative approach taken by various security forces in the region and the importance of intelligence sharing. “Most of the illegal pipelines were destroyed, most of the people were arrested, and we are okay with the level we are today. We work together by sharing intelligence; we shall continue working together,” Matawalle noted in an interview with NAN.

To read more, click the link below :
https://www.primebusiness.africa/defense-minister-aims-for-1-9-million-barrels-daily-by-year-end/
Re: Defense Minister Aims For 1.9 Million Barrels Daily By Year-end by Mynd44: 2:46pm On Nov 13, 2023

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