Nigerian President Tinubu Directs Security Agencies to Boost Oil Production to 2.1 Million Barrels per Day
In a bid to increase crude oil production, Nigerian President Bola Tinubu has directed security agencies to improve the security architecture to ensure the production of 2.1 million barrels of crude oil per day. According to General Christopher Musa, Chief of Defence Staff (CDS), the President has given the directive to restore full production, which is achievable, and security agencies are taking steps to ensure that all required actions are taken.
During a meeting with President Tinubu on Friday, General Musa revealed that the President is aware of the cries of oil-producing communities and will not let them down. He assured the communities that steps are being taken to address their grievances and restore full production of crude oil.
The CDS emphasized that the President will not tolerate pipeline vandalism and sundry criminal activities that have hindered the country’s ability to meet its OPEC production quota. “For the criminals, those that are hell bent on destroying our infrastructure and stealing our crude oil for whatever reasons, their days are numbered,” he said.
General Musa also highlighted the importance of teamwork, stating that no single service or individual can achieve success alone. “Nobody can do it alone, no single service, no single individual can do this alone; we all need to work together, including the states. We understand that the communities have so much needs, the President will address those issues to ensure that we have full production,” he emphasized.
The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, further confirmed that security chiefs were at the State House to brief President Tinubu on the current security situation in the country. The IGP revealed that crime rate is declining in Nigeria, citing records of all reported crimes across the country.
According to the IGP, the decline in daily crude oil production figure is attributed to pipeline vandalism and sundry criminal activities. “Records don’t lie, the records are there. So, I can assure you that we will continue to do what we are doing to maintain the decline in the crime rate,” he said.
The current daily crude oil production in Nigeria stands at 1.472 million barrels per day (mmbpd), down from 1.502mmbpd last month and up from 1.450mmbpd one year ago. The change represents a -2.04 per cent decline from last month and a 1.50 per cent increase from last year.
As Nigeria continues to strive for increased crude oil production, President Tinubu’s directive is expected to boost efforts towards achieving this goal.
