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Oil production increased by 80% in three years, says FG

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Oil production increased by 80% in three years, says FG

05 Oct, 2026

Crude oil production has increased by 80 per cent, hitting 1,824,000 barrels in the last three years, the Minister of State for Petroleum Resources, Heineken Lokpobiri, has said. Consequently, the Socio-Economic Rights and Accountability Project (SERAP) urged President Bola Tinubu to direct an investigation into over N94.4 billion in public funds allegedly diverted, unremitted, unaccounted for or irregularly spent by the Midstream and Downstream Gas Infrastructure Fund (MDGIF) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).................….......READ MORE