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Oando seeks increased oil production in safe, sustainable way

by BishopNuel Legend of Gist
01:36 am on February 27, 2025
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Oando Plc has said Nigeria must continue to increase the country’s production in a safe and sustainable way.

The Managing Director, Oando Energy Resources, Ainojie ‘Alex’ Irune spoke at the eight Nigeria International Energy Summit (NILES), with the theme “Bridging Continents, Connecting Investors Worldwide with Africa’s Energy Potential”, in Abuja.

He said one of the fundamental things that is seen post-divestment is sometimes things need to get really bad for everyone to get serious about the problem.

“As a country, when we hit the lows of a million barrels, 700 was what I had, but a million is what we say pretty much was our lowest point, I think at that point everyone realised we were on our way to bankruptcy as a country.

“And if we didn’t do something about it, then we would certainly not be able to tell a history, that represents some of the efforts brought to bear,” he said.
https://thenationonlineng.net/oando-seeks-increased-oil-production-in-safe-sustainable-way/

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