Nigeria targets 2.5mbpd as oil investment push intensifies

The Punch | 31-08-2026 01:49am |

Nigeria is intensifying efforts to increase crude oil production to 2.5 million barrels per day, according to a report by Dare Olawin. The Nigerian Upstream Petroleum Regulatory Commission is leading the push, focusing on fresh investments, deepwater projects, field revival, and stronger oil asset security. The initiative includes plans to revive dormant oil fields to meet the target.

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