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Two Million bpd Crude Oil Target by Year End Achievable, Says Tompolo
Sylvester Idowu in Warri
The Chief Executive Officer of Tantita Security Services Limited, Chief Government Ekpemupolo, has stated that the Nigerian National Petroleum Limited’s (NNPC) target of two million barrels per day of crude oil by the end of 2024, is achievable.
The NNPCL recently announced that Nigeria’s crude oil production had hit a recent high of 1.8mbpd in October, from 1.2mbpd at the beginning of 2024, promising to achieve a target of 2mbpd by the end of 2024.
Reacting to the target yesterday, Ekpemupolo, whose TSSL is providing security for the pipelines and other oil installations, said the target would be realised.
Speaking through his Media and Public Communication consultant, Dr Paul Bebenimibo, Tompolo said: “This milestone, as you know, was achieved in collaboration with NNPCL, security forces and of course, Tantita, which has been at the forefront of oil pipelines protection in the Niger Delta.
“We are determined to take it to 2mbpd before the year runs out as directed by President Bola Ahmed Tinubu.
“All the needed machinery has been put in place to ensure that the target is achieved. No effort will be spared to ensure that the economy of Nigeria is galvanised.
“This will lead to a boost in the government’s revenue, thereby making more funds available for the President and his team to run the country effectively. I assure you that we are not going to rest on our oars until the target is achieved and even exceeded.
“New technologies were being deployed to monitor the facilities to ensure that there won’t be any disruption and that the theft of Nigeria’s commonwealth is halted.
“So, the 1.8mbpd that it has got to, certainly by the end of the year, by God’s grace, we will work to get it to 2mbpd and even exceed. We are working towards that,” he explained.