BY ABUBAKAR H. MUHAMMAD, OCTOBER 25, 2021 | 11:21 AM
Timipre Sylva, minister of state for petroleum resources has said that Nigeria is putting every effort at producing 3 million barrels of petroleum products per day to meet the allocated quota for the country by the Organisation of Petroluem Exporting Countries, OPEC.
According to him, the country currently produces about 1.3 million barrels per day and concerted efforts were being made to increase production to meet OPEC’s demands.
Dr. Nasir Gwarzo, permanent secretary, ministry of petroleum resources, who represented the minister at 2021 graduation ceremony of Petroleum Training Institute, PTI, Effurun, Delta State, gave the assurance during the weekends
He said the mandate for the ministry to meet the quota was directed by federal executive council, FEC, within the shortest time possible, adding that the rehabilitation of Port-Harcourt refinery and Petrochemical Company are on course.
He said those of Warri and Kaduna will commence soon too.
‘Some of the strides of the petroleum ministry, one of which is the mandate to increase crude oil production to three million barrels per day. Today, we are producing about 1.3 million barrels per day. The ministry is putting all concerted efforts to meeting the current OPEC quota,’ the minister said, as quoted by ThisDay newspaper.
He also commented on the Petroleum Industry Act, PIA, saying the committee set up for its implementation will ensure that PTI carried out its responsibility of human capital development in the oil and gas sector in the country.
‘The major stakeholders like the OPTS, the Petroleum Ministry, the PTDF, NCDMB, the Petroleum Upstream Regulatory Commission and the Mid-stream and Downstream Regulatory Authority will be co-opted to ensure that PTI is supported with respect to policy achievement and funding,’ he assured.
Conflict Reporting is dangerous and risky. Our reporters constantly face life-threatening challenges, sometimes surviving ambushes, kidnap attempts and attacks by the whiskers as they travel and go into communities to get authentic and firsthand information. But we dare it every day, nonetheless, in order to keep you informed of the true situation of the victims, the trends in the conflicts and ultimately help in peace building processes. But these come at huge cost to us. We are therefore appealing to you to help our cause by donating to us through any of the following means. You can also donate working tools, which are even more primary to our work. We thank you sincerely as you help our cause.
Alternatively, you can also email us on
firstname.lastname@example.org or message us
via +234 803 931 7767