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2023 Elections

Tinubu Hails Buhari As Oil Output Reaches 1.5mb/day



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The presidential campaign council of Tinubu/Shettima tickets has hailed the president, Muhammadu Buhari following an increase in oil production from less than 7000 barrels per day to a little over 1.5 million barrels per day


Newsonline reports Tinubu campaign council said the increase showed the committment of the president, Buhari to tackling criminality in the oil sector.


The APC campaign council said when elected in 2023, Tinubu will continue the works of Buhari to ensure that the country reaches the production quota from the Organization of Petroleum Exporting Countries (OPEC).


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A statement signed by the spokesman of the Tinubu/Shettima campaign council, Festus Keyamo, read that Tinubu with his private experience in apex oil companies will drive the change which has been kicked off by President Buhari.


The statement read: “The All Progressives Congress Presidential Campaign Council, on behalf of its flag bearer, H.E. Asiwaju Bola Ahmed Tinubu, heartily welcomes the recent news that Nigeria has substantially restored its national oil production volumes to over 1.5m barrels per day following the historic and combined efforts of Mr. President – who is also the Honourable Minister of Petroleum Resources – as well as our security agencies, the NNPC and its partners for this wonderful feat.


“This is particularly appreciated in recognition of the ignoble role previous administrations had actively played in aiding and abetting of these illicit activities in the past at great expense to the nation.


“We are equally enthused to note that we are expected to achieve 1.7m barrels per day production by the end of this year which places our nation almost in full compliance with the OPEC quota.


“The excellent strides of the APC Administration in the Oil sector shall be further expanded by our candidate, H.E. Asiwaju Bola Ahmed Tinubu . Recall that Asiwaju served for over a decade at the zenith of the international Oil & Gas industry as a private citizen and is best placed to achieve his target of 2.6m barrels per day by 2027. Asiwaju seeks to achieve this through enhanced investments in the sector and active stakeholders’ engagement – a move he has already begun with the historic visit to Gbaramatu Kingdom in Delta State last week.


“We applaud Mr. President as he finishes strong in the sector and assure Nigerians of the preparedness of Asiwaju to take this to the next level.”