Archives Tag: Nigeria National Petroleum Corporation

Politics

ThrowBack Thursday: Oloibiri Oil Discovery (1959)

April 19, 2022

A very major bulk of Nigeria’s wealth since the 1950’s has been from oil; and quite a majority of this oil have been explored in the Niger Delta region of Nigeria. Until oil was discovered, agriculture was the primary contributor to the entire Gross Domestic Product (GDP), and everyone went to sleep since then, except … Continue reading ThrowBack Thursday: Oloibiri Oil Discovery (1959)

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News

Nigeria’s Daily Crude Oil Production to Hit 4 million bpd by 2020

April 19, 2022

Nigeria’s daily crude oil production is projected to hit 4 million barrels per day (bpd) by 2020, according to forecasts released by the Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Andrew Yakubu, at a Conference of the Nigerian Society of Chemical Engineers. That will be an addition of 1.4 million bpd from the … Continue reading Nigeria’s Daily Crude Oil Production to Hit 4 million bpd by 2020

By david

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