Oil Production: CDS Rallies Stakeholders To Hit 2.5 Million Barrels Daily

Oil Production: CDS Rallies Stakeholders To Hit 2.5 Million Barrels Daily

General Christopher Musa, the chief of the defense staff, has revealed that security organizations and oil-related business owners are working to meet President Bola Tinubu’s stated goal of 2.5 million barrels of crude oil per day.

He disclosed this after a high-level meeting with commanders of the Joint Task Force, international and local oil operators, and key stakeholders at the Python Officers ‘ Mess, 6 Division Headquarters, Port Harcourt.

Following a similar engagement six months ago, General Musa issued a three-month ultimatum to reduce oil theft in the Niger Delta and increase production to 2.2 million barrels per day. However, output has remained at 1.8 million barrels per day, prompting fresh discussions.

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After a four-hour closed-door session, the Defence Chief briefed journalists on key resolutions, emphasizing ongoing efforts to tackle oil theft and improve production levels.

“After working together we have seen that we need to do more for all organizations, the security agencies, the private companies, the IOCs, and the local companies, that we need to work together and we have all committed ourselves to doing that. We are going to have so much synergy, and Nigerians will be proud of what will happen, it’s not ongoing”, he explained.

General Musa explained the causes of the fluctuations when asked why production has remained at 1.8 million barrels per day since the last briefing.

“When I gave the three months ultimatum, we had hit almost 1.7 then. Now we have been doing, you know, as it is, because of the nature of the environment, it fluctuates, 1.8 comes down to 1.7. We want to assure Nigerians that our goal is 2. 5. We know we can do that, but again, we can’t do it alone. We need Nigerians to cooperate, especially the communities around those areas”.

The Office of the National Security Advisor and the Nigerian National Petroleum Company Limited (NNPCL) both expressed optimism, claiming that the strategies discussed at the meeting could help Nigeria meet its goal of 2.5 million barrels per day.

Source: Channels TV

 

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