Business News

Kyari Claims Nigeria’s Crude Oil Production Nears 1.7 million Barrels Daily

Nigerias oil production

By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has claimed that Nigeria’s crude oil production is nearing 1.7 million barrels per day. He said this when he addressed stakeholders at an engagement between the Nigerian Association of Petroleum Explorationists and the NNPC in Lagos on Saturday. According to him, 1.7 million barrels per day was a boost from the 1.28 million barrels reported in April, noting that oil theft and vandalism were responsible for the decline in output in the country. “How do you increase oil production? Remove the security challenge