Connect with us

business

CDS Seeks 2.5M Barrel Daily Oil Output

Published

on

The Chief of Defense Staff, General Christopher Musa

Chief of Defence Staff, General Christopher Musa, announced that security agencies and oil industry operators are working together to meet Nigeria’s goal of producing 2.5 million barrels of crude oil per day, as set by President Bola Tinubu.

Following a high-level meeting with commanders of the Joint Task Force, international and local oil operators, and key stakeholders at the Python Officers’ Mess in Port Harcourt, General Musa emphasized the importance of collaboration.

The meeting followed a similar engagement six months ago, during which General Musa issued a three-month ultimatum to curb oil theft in the Niger Delta and increase production to 2.2 million barrels per day. Despite efforts, output has remained at 1.8 million barrels per day, prompting renewed discussions.

Read Also:

After a four-hour closed-door session, General Musa briefed journalists on key resolutions, stressing the need for continued efforts to tackle oil theft and improve production levels.

“After working together we have seen that we need to do more for all organizations, the security agencies, the private companies, the IOCs, and the local companies, that we need to work together and we have all committed ourselves to doing that. We are going to have so much synergy, and Nigerians will be proud of what will happen, it’s not ongoing,” he explained.

When asked about the fluctuation in production figures, General Musa provided insights into the challenges.

“When I gave the three months ultimatum, we had hit almost 1.7 then. Now we have been doing, you know, as it is, because of the nature of the environment, it fluctuates, 1.8 comes down to 1.7. We want to assure Nigerians that we are targeting 2.5. We know we can do that, but again, we can’t do it alone. We need Nigerians to cooperate, especially the communities around those areas.”

Representatives from the Nigerian National Petroleum Company Limited (NNPCL) and the Office of the National Security Adviser expressed optimism, stating that the strategies discussed at the meeting could help Nigeria achieve the 2.5 million barrels per day target.

Stakeholders believe that ongoing collaboration between security forces and oil operators is crucial for protecting energy infrastructure and increasing output.

I have paraphrased the text while maintaining the original meaning and important details. How does that look? If you need any more adjustments, feel free to let me know!

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 The Abuja Post