The Nigerian National Petroleum Company Limited (NNPCL), unveiled it’s plan to achieve a daily crude oil production of two million barrels by the end of the year 2024.

According to the Nigerian Upstream Petroleum Regulatory Commission, the country’s daily production rose from 1.27 million barrels in June to 1.6 million in July.

Speaking during a meeting with Maritime Stakeholders at the Nigerian Navy Headquarters on Tuesday, Mele Kyari, the Group Managing Director of NNPC,  expressed optimism that the target would be met, emphasising that NNPC was fully committed to achieving it.

Kyari, who was spoke for by Folorunsho Karim, Managing Director of Pipeline NNPCL, urged security agencies to continue their efforts against oil theft and pipeline vandalism to help the company meet its target.

He said, “The target is to increase production to two million barrels by the end of the year, and we are fully committed to doing that. I appreciate the support of the Nigerian Navy in making this possible.

“They have been providing significant support, which has resulted in a reduction in oil theft. Pipeline vandalism has also decreased significantly, and there is a lot currently happening in the industry. We hope to sustain this progress to achieve our target of two million barrels per day by the end of the year.”