Nigeria’s oil output hits 2.3mbpd as NNPC attracts $14b investment | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

“I think this stability and ability to push production came as a consequence of several factors – internal and external, and of course, with the support of the media.”

Baru tasks NUJ on Cross-Border Smuggling of Products…Says Nigeria’s Crude Oil Prodn Now Steady at 2.3mbpd. Photo/Twitter/NNPCgroup

Speaking during a courtesy visit by the Nigeria Union of Journalists yesterday in Abuja, NNPC Group Managing Director , Dr. Maikanti Baru, stated that the current administration was committed to stabilising the oil and gas sector, adding that $13.6 billion worth of investment was attracted into the sector between 2017 and 2019.

According to him, $3.6 billion investment came in 2017, $3 billion in 2018 while discussions are being finalised for over $7 billion worth of investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines