NNPC promises to surpass 1.78mb/d budget target

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The Nation Newspaper NNPC promises to surpass 1.78mb/d budget target

Its Group Chief Executive Officer, Malam Mele Kyari, who gave the assurance recalled that in 2022, the country was producing as low one million barrels per day owing to security challenges.The NNPCL boss disclosed this while delivery his keynote address at the Society of Petroleum Engineers in Abuja.

He said: “In 2022, we were close to a million barrels or less. The intervention and with the security architecture we have in place today we are we are close to 1.7million barrels.“We know that by the end of the year, we will be able to meet, first the budget target for the country and potentially exceed it.”He lamented that half of Nigeria’s population has no access to energy.

He noted that “It is a huge gap we have to fill before we even worry about security. You can’t secure what you don’t have.”

 

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