Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»Our Target is to Produce 3 Million Barrels of Crude Oil Daily — NNPCL Spokesman 
Business

Our Target is to Produce 3 Million Barrels of Crude Oil Daily — NNPCL Spokesman 

meridianspyBy meridianspySeptember 29, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

Our Target is to Produce 3 Million Barrels of Crude Oil Daily — NNPCL Spokesman

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.

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,” Obateru said.

By PRNigeria

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

No related posts.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
meridianspy

Related Posts

NNPC cuts petrol price to N815/litre in Abuja

January 6, 2026

Budget: Rivers EXCO Approves over N1trn for 2026

January 3, 2026

FG Secures $1.126bn Landmark Financing for Lagos-Calabar Coastal Highway 

December 27, 2025
Search
Recent Posts
  •  ‘I’ve Never Taken Bribe in my my Career – EFCC Boss
  • Seven dead, five injured in multiple-vehicle crash along Lokoja–Abuja highway
  • Kano Governor Meets Kwankwaso, Tinubu in France to Finalize Defection
  • FG Proposes N102.3billion for Lagos Green Line Rail 
  • Asake Reconciles With Father, Daughter, Baby Mama
  • Burna Boy, Rema, Others win big at 9th AFRIMA Awards
  • Adelabu condemns attack on old Oyo National Park 
  • Police Arrest 6 Kidnappers, Rescue 3 Victims in Nasarawa
  • Dangote drags ex-NMDPRA boss to EFCC over corruption claims
  • Nigerian man sentenced to death in Malaysia for murder of step-grandson
  • UK deepens anti-corruption cooperation with Nigeria, returns 9.5m dollars
  • COAS Mourns Bayelsa Deputy Governor, Applauds Diri’s Support for Troops
  • AFCON 2025: Focused Eagles face Algerian redemption test in Marrakech  
  • Tuggar Urges Europe, Africa to Build Bridges, Reject Isolationism
  • Rivers Speaker, Amaewhule Calls Fubara, Deputy “Worst Thing” for Democracy
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.