A state of urgency regarding oil production has been announced by the Nigerian National Petroleum Company Limited.

The business stated that the goal of the action was to boost Nigeria’s reserves and increase its output of crude oil.Tuesday, July 2, 2024, in Abuja marked the commencement of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week. Mele Kyari, the Group Chief Executive Officer of NNPCL, made the announcement in a keynote presentation.

“We have decided to end the debate,” he declared. We’ve declared war on the obstacles impeding our ability to produce crude oil. War is war. We have the appropriate equipment. We are aware of what to combat. At the asset level, we are aware of what needs to be done. Our partners have been involved. And together, we shall endeavor to make things better.

According to asset analysis, Nigeria could easily generate two million barrels of crude oil per day, he clarified.

But the biggest obstacle, in his opinion, to accomplishing this is players’ slowness to respond.