Igiehon blames poor investment for Nigeria's low oil production

Nigeria's potential to ramp up its crude oil production to 2.5 million barrels per day (bpd) is being hampered by a significant lack of investment and security, the Executive Director of Heir Energies, Osayande Igiehon, has said. Although Nigeria has about 37 billion barrels of crude oil reserves, the country’s current production hovers around 1.3 [...]The post Igiehon blames poor investment for Nigeria's low oil production appeared first on The Guardian Nigeria News - Nigeria and World News.

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