The Nigerian National Petroleum Company Limited has declared that a state of emergency has been announced regarding crude oil production in Nigeria.Mele Kyari, Group Chief Executive Officer of the NNPCL, made this known on Tuesday at the inaugural event of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition .
He disclosed that a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day without deploying new rigs but identified the major impediment to achieving this as the inability of players to act in a timely manner. "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," he said.