The Nigerian National Petroleum Corporation (NNPC) has revealed that the country is now producing as much as 2.1 million barrels of oil per day.


Speaking at the 2017 Nigeria oil and gas conference and exhibition, Makainti Baru, general managing director of the NNPC, said the ongoing negotiations with stakeholders in the Niger Delta is responsible for the surge.

“Crude production has steadily increased to 2.1m b/d due to some strategic dialogue efforts embarked upon by the federal government in the Niger Delta,” Baru said.

“The resolution of cash call arrears will increase the confidence of JV Operators and therefore trigger more investment in new projects.

Two weeks ago, Ibe Kachikwu, minister of state for petroleum resources, said Nigeria’s oil production had risen to two million barrels per day, as Africa’s largest producer.

“In some weeks, we will be able to progress to 2.2 million bpd, which is the target of the (2017) budget,” Kachikwu had said.

In 2016, oil production in Nigeria fell below 1.5 million per day, aiding Nigeria’s journey into a recession, following a massive drop in revenue, rising inflation and subsequent unemployment.


http://www.nairausd.com/2017/03/nigeria-now-pumping-21m-barrels-of-oil.html

Osinbajo is making us proud; Buhari can go and die

ok

ftc

Acting President Osibanjo is working

Ok

stefanweeks:
ftc

First to do what.

stefanweeks:
ftc

actually you're third

good one lets go there, thankyhu Lord. no more excuses

There is no price too much for peace..

I pray the tyrant general wunt come back and spoil our little progress..
He should just Base there or go die instead of killing Nigerians with hardship..

Wow! Another good news
Hoping that this isn't another lie sha
Nigeria must be great again

Osibanjo is really trying, no doubt about it.
Naira gaining strength daily (425/$ today)
Power don dey show face dix days
Naw increase in petrol pumping per day.
Commodities prices have started to fall small small(jst bought a satchet of peak dix morning for #45 instead of the usaual #50).
The remaining thing the prof will do is to reduce the pertol pump price to withn #120- #130 nd see haw he will win souls.
Bt APC said its nt prof bt rather a joint ticket
Okay May God be ur strength prof osunbande
We shall get there when its due time.

thanks to osunbande

Good

Sai yemi

Nice..

The benefit of nonviolent diplomatic resolution of conflicts...

In this month of march, you will conquer every opposition on your path to success. Happy new month all.

Buhari, please just stay put in London. Thank you in advance.

Osinbajo is running an all inclusive system of Government.... He listens to everyone even if you are from Mubi or Nnewi or Ijebu Ode.


Ride On Sir.... We are Solidly behind you

shamecurls:






God bless His Excellence, [s]President Mohammadu Buhari (GCFR) and The Vice-[/s][b]President, Yemi Osinbanjo.





[/b]

//

niger delta oyel still d life wire of nigeria.

Nice one....we getting there....

ifyan:
The Nigerian National Petroleum Corporation (NNPC) has revealed that the country is now producing as much as 2.1 million barrels of oil per day.


Speaking at the 2017 Nigeria oil and gas conference and exhibition, Makainti Baru, general managing director of the NNPC, said the ongoing negotiations with stakeholders in the Niger Delta is responsible for the surge.

“Crude production has steadily increased to 2.1m b/d due to some strategic dialogue efforts embarked upon by the federal government in the Niger Delta,” Baru said.

“The resolution of cash call arrears will increase the confidence of JV Operators and therefore trigger more investment in new projects.

Two weeks ago, Ibe Kachikwu, minister of state for petroleum resources, said Nigeria’s oil production had risen to two million barrels per day, as Africa’s largest producer.

“In some weeks, we will be able to progress to 2.2 million bpd, which is the target of the (2017) budget,” Kachikwu had said.

In 2016, oil production in Nigeria fell below 1.5 million per day, aiding Nigeria’s journey into a recession, following a massive drop in revenue, rising inflation and subsequent unemployment.


http://www.nairausd.com/2017/03/nigeria-now-pumping-21m-barrels-of-oil.html

The Osinbajo magic! This should also equate to improved power supply and reduction in the pump price of petrol. The Prof. should make this happen.

Great news. God bless this country. We will keep praying for this country and with or without a sitting president, the stars of this great nation will keep shinning. God bless NIGERIA. Respect to all who have embraced peace. From the very good people of Niger Delta, to the westerners, to the northerners, to the easterners and to the presidency.

Good development there ...!

Na oil we go chop? Common give us better life.

.

Drtee:
Wow! Another good news

Hoping that this isn't another lie sha

Nigeria must be great again

Nigeria bn great before?

chloedogie:
Great news. God bless this country. We will keep praying for this country and with or without a sitting president, the stars of this great nation will keep shinning. God bless NIGERIA. Respect to all who have embraced peace. From the very good people of Niger Delta, to the westerners, to the northerners, to the easterners and to the presidency.

Thank you very much for your post...this has my vote as post of the week!

BLACKbullet:
Acting President Osibanjo is working