Nigeria will be net exporter of petroleum products by Dec – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has pledged that Nigeria would be a net exporter of petroleum products by the end of this year. Kyari who spoke on Monday in Abuja, during an interactive session with the National Assembly Joint Committee on Finance said in the next few […]

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has pledged that Nigeria would be a net exporter of petroleum products by the end of this year.

Kyari who spoke on Monday in Abuja, during an interactive session with the National Assembly Joint Committee on Finance said in the next few months, oil production level in Nigeria will hit the 2 million barrels per day target.

He said, “We have already seen growth in our oil and gas production because of certain actions that Mr. President personally took, and also the very mere truth that we have also declared a war on production activities, and this is yielding the required results.

“The combination of these two has now seen us restoring production in our country, and we believe that, as the Honorable Minister has said, we will soon hit the target of 2 million barrels oil production per day.

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“I’m aware that there are several comments in the public space around refining business and domestic production, including production that will come from the commissioned Dangote Refinery. We are very optimistic that by December, this country will be a net exporter of petroleum products.”

In his remarks, chairman of the committee, Senator Sani Musa, appealed to Nigerians to persevere, stressing that government was working assiduously to stabilise the economy.