'Crude oil production rises to 2m barrels daily,' Minister says
Kachikwu said the country now produces additional 200,000 barrels per day, up from the 1.8 million bpd recorded in recent times.
Nigerian Oil Minister Emmanuel Ibe Kachikwu speaks during an interview with Reuters in Abuja, Nigeria February 12, 2016.REUTERS/Afolabi Sotunde
Recommended articles
He disclosed this when he met with the House of Representatives Committee on Petroleum Resources (Upstream) to defend the 2017 budget estimates of the Ministry of Petroleum Resources.
Kachikwu told the committee, which is chaired by a member from Delta State, Victor Nwokolo, that repair works on the facility were nearing completion.
"In some weeks, we will be able to progress to 2.2 million bpd, which is the target of the (2017) budget,"the minister added.
ADVERTISEMENT
He, however, pointed that poor releases of budgeted funds slows down some of the ministry's projects.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
How we reduced road traffic crashes by 42% – FRSC boss
Motorists express worry as long fuel queues resurface in FCT
Reno's $10,000 Challenge: I didn't build any school in Anambra, Obi opens up
Bullied student threatens Abuja school with lawsuit if abusers are not punished
EFCC withdraws appeal against Yahaya Bello
Gov Zulum wants Army to establish military base in Sambisa forest
2 Wike loyalists exit Fubara's cabinet as Governor reshuffles
Ganduje believes APC is the answer to Nigeria’s problems
Spate of deaths strikes Nigerian movie industry, Nigerians calls for action
ADVERTISEMENT
