The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries quota of 1.8 million barrels per day.
This, he said, was 14 per cent higher than the figure for August and the highest figure so far in 2023. “The oil has not been as much as a blessing as it ought to be. In fact, some think it has become a curse because the proceeds from the oil are not utilised to support agricultural and manufacturing sectors.
Mr Osten Olorunsolasaid, Chairman, Energy Institute, Nigeria said oil theft and sabotage seemed to be visible reasons for Nigeria’s oil production decline, though there were others.
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