Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured that Nigeria would meet the three million barrels per day quota allocated to the country by the Organisation of Petroleum Exporting Countries . Sylva said though the country currently produced about 1.3 million barrels per day, concerted efforts were being made to increase production to meet the OPEC quota.
Sylva stated, “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 major stakeholdes 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.
Okowa, who was represented by the Commissioner for Education, Professor Patrick Muoghbare, called on the public and private sector and organisations as well as captains of industry to look inward to graduands of PTI in the bid to resuscitate the ailing oil and gas industry.
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:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FG has begun rehabilitation of moribund refineries, says Sylva - Punch NewspapersThe most widely read newspaper in Nigeria The dead keep dying and rising Nnamdi Kanu's Trial may not be Over soon FG has begun or what is he saying? The past minister of state (Kwachukwu) was doing something that he promised some % of oil that will be refined within the country at the end of 2019. We haven't benefitted from that, and it's still in moribund state? These guys are all thief!
Source: MobilePunch - 🏆 8. / 63 Read more »
NUPENGASSAN Warns FG Against Sideline In Implementation Of PIAThe organised unions in the oil and gas industry, Nigeria Union of Petroleum and Natural Gas Workers and Petroleum and Natural Gas Senior Staff
Source: LeadershipNGA - 🏆 4. / 77 Read more »
FG: Nnamdi Kanu Liable for Murder of Akunyili’s Husband, Gulak, 175 OthersLinks Igboho to Boko Haram’s sponsor May pardon Saro-Wiwa, 8 others as part of Ogoni’s integration By Deji Elumoye and Alex Enumah in Abuja The federal government yesterday blamed the leader of the… Also responsible for MKO Abiola, Robert Mugabe, Murtala Mohammed, Shina Rambo, Sanni Abacha, Nnamdi Azikiwe, M.O. Opara to mention but a few. This is the mistake these self-determination groups are facing don't be violent How can those who bombed a train, causing the shutdown of the $2.8 billion Abuja-Kaduna railway be ordinary bandits, while it is Kanu and Igboho who face terrorism charges? Buhari covers up Boko Haram’s sponsors and sets up innocents as Igboho and Kanu’s sponsors TableShaker
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
2022 Budget: FG Still within Allowed Deficit Limit, Says FRCNdubuisi Francis in Abuja The Fiscal Responsibility Commission (FRC) has declared that the federal government had not breached any law in the 2022 budget proposals by exceeding the three per cent t…
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
FG to unveil eNaira Monday, says CBNMuhammadu Buhari (retd.), will formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday My Luno acct is getting ready to stack more Bitcoin 🚀 Make una do airdrop wahala
Source: MobilePunch - 🏆 8. / 63 Read more »
State assembly speakers ask FG to declare bandits as terrorists - Punch NewspapersState assembly speakers ask FG to declare bandits as terrorists Terrorist ke? Are they? They are our brothers that just needed money o... But why is the whole country begging Buhari to declare bandits as terrorist? is there something that we don't know? So Fg declares them as righteous people before? Omo this Nigeria tire person EndSARS
Source: MobilePunch - 🏆 8. / 63 Read more »