The Federal Government has said that it is targeting four million barrel per day (bpd) of oil production, and 10 billion cubic feet (bcf) of gas production by 2030. Mrs. Olu Verheijen, Special Adviser (SA) to the President on Energy,…
According to the latest monthly report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average oil production hit a 20-month high in September reaching 1.57mbpd. The report indicated that crude oil output (including condensate) rose by 11.1 percent from…
The Federal Government on Tuesday urged master bakers in the country to utilise Orange Fleshed Sweet Potato (OFSP) in bread making to reduce high cost of production. The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, gave the charge…
… Act to boost oil reserves from 37bbpd to 40bbpd The Petroleum Industry Act (PIA) will assist Nigeria in increasing its oil production to 4 million barrels per day, the Minister of State for Petroleum Resources, Timipre Sylva, has said.…
