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Home News

BREAKING: Mele Kyari Declares State Of Emergency On Oil Production

a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day without deploying new rigs.

by NewsOnline Nigeria
July 2, 2024
in News
0
Mele Kyari

Mele Kyari

NNPCL GMD, Mele Kyari has declared a state of emergency on oil production in Nigeria.

 

NewsOnline Nigeria reports that the Nigerian National Petroleum Company Ltd (NNPCL) has declared war against the challenges affecting the country’s crude oil production and further calling for collaboration between stakeholders in the oil and gas industry in the fight.  

 

This Nigeria news platform understands that the Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week in Abuja, on Tuesday.

 

ALSO: Tinubu Government Audits IPPIS Payroll To Curb Salary Fraud

 

“We have decided to stop the debate. We have declared war on the challenges affecting our crude oil production. War means war. We have the right tools. We know what to fight. We know what we have to do at the level of assets. We have engaged our partners. And we will work together to improve the situation,” Kyari declared.

According to him, a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day without deploying new rigs.

 

Still, the major impediment to achieving this is the inability of players to act in a timely manner.

 

He added that the “war” will help NNPCL and its partners to speedily clear all identified obstacles to effective and efficient production, such as delays in procurement processes, which have become a challenge in the industry.

 

More Details Shortly….

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