NUPRC Data Contradicts NNPC’s 1.8m bpd Celebrated Output Figures, Indicates 1.53m Daily Production Emmanuel Addeh in Abuja
The latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Nigeria’s daily crude oil production has
contradicted the claim by the Nigerian National Petroleum Company Limited (NNPC) that the country was producing 1.8 million barrels per day of crude oil and condensate. A THISDAY review of the
delayed October production figures by the NUPRC, which is the oil and gas sector upstream regulator, indicated that Nigeria produced 1.538 million bpd of crude oil and condensate. The three-month low
production data released by the NUPRC contradicted the report announced by the national oil company and the Ministry of Petroleum Resources (Oil), which specifically put production at 1.808 million bpd.
Although the NNPC also said that oil and condensate production in August was 1.7 million bpd, the report by the sector regulator indicated that the country only produced 1.57 million bpd for that month.
This showed a whopping difference of 130,000 bpd during the month. Also, the disparity between the 1.808 million bpd celebrated Continued on page 5
FG Borrows N5.63tn from Local Investors in 11 Months… Page 10 Sunday, November 24, 2024 Vol 29. No 10822
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Tinubu Back in Abuja After Attending G-20 Summit in Rio De Janeiro… Page 10
ACF Rejects Anti-Southerner Tag, Says It also Criticised Buhari’s Administration Northern Elders Forum reaffirms rejection of tax reform bill
John Shiklam in Kaduna
The Secretary-General of the
Arewa Consultative Forum (ACF), Murtala Aliyu, has rejected the claims in some
quarters that it criticised President Bola Tinubu’s administration because the
president is a southerner, insisting that it criticised the present administration with the
same vigour it applied in its criticism of the administration of ex-President Muhammadu
Buhari. Continued on page 5
PDP Govs to Tinubu: Review Economic Policies to End Hardship
Downplay internal crisis, say PDP still party to beat Insist Edo election a rape of democracy, mandate bought in Ondo Demand NEC meeting in February
Chuks Okocha in Abuja and Seriki Adinoyi in Jos Worried by what they called the economic hardship foisted on Nigerians by the policies and decisions of the federal government, the governors elected on the platform of the Peoples Democratic Party (PDP) have urged President Bola Tinubu to urgently review both macroeconomic and fiscal policies that will address the welfare of Nigerians. In a communique issued after their two-day meeting in Jos, Plateau State, which ended yesterday, the governors who noted the concerns of Nigerians over the seeming divisions within the party’s ranks and files, stated categorically that they remained resolute in their determination to ensure unity and cohesion of what they described as the great party Continued on page 5
SEVENTY-FIVE HEARTY CHEERS…
L-R: Former Chairman of The Punch Newspaper, Mr. Ajibola Ogunshola; Celebrant/Chairman and Publisher of The Guardian, Lady Maiden Alex Ibru; and President, Dangote Group, Alhaji Aliko Dangote, at the 75th birthday reception for Lady lbru in Lagos...yesterday