The Nigerian National Petroleum Company Limited (NNPCL) has announced that it has achieved a milestone of 1.8 million barrels per day in crude oil production.
In a statement released on Thursday, the state-owned oil company also revealed that it is on track to meet the target of two million barrels per day set by President Bola Tinubu by December 2024.
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Additionally, NNPCL reported an increase in gas production, now generating 7.4 million standard cubic feet (MMSCF) of gas to power key infrastructure, including the AKK pipeline.
This marks an improvement from 6.1 MMSCF earlier in the year.
The company noted that this achievement, which aligns with the government’s budget, reflects the hard work and commitment of its teams over recent months.