• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy NNPC Aims to Produce 3 Million Barrels of Crude Oil Daily
  • Economy

NNPC Aims to Produce 3 Million Barrels of Crude Oil Daily

By
Prnigeria
-
September 29, 2024
NNPC Tower, Abuja

NNPC Aims to Produce 3 Million Barrels of Crude Oil Daily

The Nigerian National Petroleum Company Limited (NNPCL) is confident that it can increase crude oil production from 1.7 million barrels per day to 3 million, says Chief Corporate Communications Officer Olufemi Soneye.

Speaking in Abuja on Saturday, at a Stakeholders Engagement Session with National Assembly journalists, Soneye emphasised that achieving this goal required support from all stakeholders, including security agencies, government, privately-owned oil companies, and host communities.

He said that President Bola Tinubu’s directives to relevant security agencies have already yielded positive results, with daily oil production rising from 1.4 million to 1.7 million barrels.

Read Also:

  • Tinubu, NASS, Wike Donate N320m to Nigerian Legion at 2026 Remembrance Day Launch
  • NAF Dazzles at Nigeria’s First International Airshow, Showcases Rising Airpower Capability
  • Kogi Police, Center Collaborate to Curb Illicit Arms as Command Strengthen Security Measures Ahead of Festive Season

Soneye noted that synergy among stakeholders was crucial in combating oil theft and pipeline vandalism, which would create an enabling environment for optimal oil production of 2.5 to 3 million barrels per day.

He said previously, oil production had plummeted to 900,000 barrels per day before private security agencies and military interventions.

Soneye expressed relief that the intensified efforts against oil theft have alleviated concerns.

Also speaking, Murtala Muhammad, Deputy Manager of the NNPC Command and Control Centre, highlighted that oil theft remains a serious concern.

“Over 8,000 illegal refineries and 5,800 illegal oil pipeline connections were detected and destroyed within six months, primarily in Bayelsa, Rivers, Imo, and Abia.”

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,” Soneye said.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Murtala Muhammad
  • Olufemi Soneye
  • President Bola Tinubu
Previous articleAs AVM Oluwatoyin Takes the Helm at Defence Space Agency, by Mukhtar Ya’u Madobi
Next articleSafeguarding Against Chrome Vulnerabilities
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

Tinubu and Lawmakers Committed N320m to Nigerian Legion

Tinubu, NASS, Wike Donate N320m to Nigerian Legion at 2026 Remembrance Day Launch

PRNigeria logo fearured image

NAF Dazzles at Nigeria’s First International Airshow, Showcases Rising Airpower Capability

Senate President, Godswill Akpabio

Senate Reconstitutes Key Standing Committees

Mohammed Idris

FG Reaffirms Commitment to Press Freedom, Unveils Regional Media Literacy Institute

Algerian, Nigerian Customs Strengthen Partnership

Nigeria, Algerian Customs Strengthen Partnership to Boost Training, Modernisation, Trade Facilitation

Tinubu Writes Senate, Seeks Confirmation of Gen. CG Musa as New Defence Minister

Army Dismantles Terror Cells, Eliminate 8, Arrests 51,  Rescues 27 in Nationwide Raids

Delta Police Commissioner Abaniwonda Olufemi

Delta Police Eliminate Kidnapping Suspect, Arrest Notorious Gang Members in Coordinated Raids

‎FACT-CHECK: Is a US Nuclear-Powered Submarine in Port Harcourt Waterway?

Fact Check: Did Late Brigadier Uba’s Wife Lament Silence Over Husband’s Killing on Tik Tok? 

IPRA GWA Winners 2018 Barcelona

IPRA Discusses AI Risks for Children at UN Event with Journalists and Writers Foundation

NCoS Appoints First Female Spokesperson, Jane Osuji

Recent Posts

  • Tinubu, NASS, Wike Donate N320m to Nigerian Legion at 2026 Remembrance Day Launch
  • NAF Dazzles at Nigeria’s First International Airshow, Showcases Rising Airpower Capability
  • Kogi Police, Center Collaborate to Curb Illicit Arms as Command Strengthen Security Measures Ahead of Festive Season
  • Senate Reconstitutes Key Standing Committees
  • FG Reaffirms Commitment to Press Freedom, Unveils Regional Media Literacy Institute
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Tinubu, NASS, Wike Donate N320m to Nigerian Legion at 2026 Remembrance Day LaunchNAF Dazzles at Nigeria’s First International Airshow, Showcases Rising Airpower CapabilityKogi Police, Center Collaborate to Curb Illicit Arms as Command Strengthen Security Measures Ahead of Festive SeasonSenate Reconstitutes Key Standing CommitteesFG Reaffirms Commitment to Press Freedom, Unveils Regional Media Literacy InstituteNigeria, Algerian Customs Strengthen Partnership to Boost Training, Modernisation, Trade FacilitationTinubu Writes Senate, Seeks Confirmation of Gen. CG Musa as New Defence MinisterArmy Dismantles Terror Cells, Eliminate 8, Arrests 51,  Rescues 27 in Nationwide RaidsDelta Police Eliminate Kidnapping Suspect, Arrest Notorious Gang Members in Coordinated Raids‎FACT-CHECK: Is a US Nuclear-Powered Submarine in Port Harcourt Waterway?Fact Check: Did Late Brigadier Uba’s Wife Lament Silence Over Husband’s Killing on Tik Tok? If Kano Falls, the North Pays the Price By Hassan Yakubu Troops Rescue Six Kidnap Victims in Coordinated Operation in KogiIPRA Discusses AI Risks for Children at UN Event with Journalists and Writers FoundationPolice Nab Suspected IPOB Member With Handcuff Wound in Anambra
X whatsapp