President Bola Ahmed Tinubu on Sunday declared a resurgence in the oil & gas industry, commending the increased crude production to 1.6 million barrels per day. The president, who said this in a national broadcast, maintained that the resurgence was buoyed by the reforms he announced in May 2024 to address the gaps in the Petroleum Industry Act (PIA). Nigeria’s crude oil output got a boost to 1.61 million barrels per day in July 2024 through the president’s directive and the industry leadership provided by the Nigerian National Petroleum Company…
Read MoreTINUBU COMMENDS INCREASED CRUDE PRODUCTION TO 1.61 MBPD, SAYS OUTPUT SURGE BUOYED BY REFORMS HE ANNOUNCED IN MAY 2024 TO ADDRESS GAPS IN PIA
