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Nigeria’s oil production soared by 70 % in four years

by BishopNuel Legend of Gist
02:18 am on February 27, 2025
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Eyes $2.5b from gas flare commercialisation
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country’s crude oil production increased by 70 per cent from 2021 to date.

Its Chief Executive Officer, Engr. Gbenga Komolafe made this known at the ongoing 2025 Nigerian International Energy Summit (NIES) in Abuja.
Its Chief Executive Officer, Engr. Gbenga Komolafe made this known at the ongoing 2025 Nigerian International Energy Summit (NIES) in Abuja.

Komolafe said through the Nigeria Gas Flare Commercialization Programme (NGFCP), approximately $2.5 billion in investment will potentially be unlocked, generating huge revenue, and creating significant number of jobs.

https://thenationonlineng.net/nigerias-oil-production-soared-by-70-in-four-years/
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