Bunmi AdulojuTimipre Sylva, minister of state for petroleum resources, says the federal government is committed to ensuring that all local and international oil companies return to full domestic oil production.
The decisions of the companies, he noted, have affected the volume of daily crude oil production and, unfortunately, led to revenue losses.However, Sylva said in recent months, improved security surveillance along major pipelines has boosted crude oil production from just 900,000 barrels per day to 1.4 million, and to 1.6 million .
“We will continue to work to bring stability and build confidence for everyone to return to the field to produce their maximum capacity,” he said.
HETimipreSylva FMPRng The oil in Nigeria needs to dry up to give way to peace