NEWS: CBN Speaks on Threat to Nigeria’s 2 Million bpd Oil Production Target

CBN Speaks on Threat to Nigeria’s 2 Million bpd Oil Production Target

The primary reasons for the drop in oil revenue in the third quarter of 2024 were outdated pipeline infrastructure and operational inefficiencyThe CBN challenges the Nigerian National Petroleum Company’s Limited forecast that two million barrels of oil will be produced every day According to the apex bank’s latest economic report, oil revenue dropped 24.72% from N1.73 trillion in the second quarter of the year to N1.30 trillion

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience…

>

Be the first to comment

Leave a Reply

Your email address will not be published.


*