The Federal Government is implementing measures to address the shortfall in oil production in Nigeria in the first quarter of 2024. The government is focused on maximizing the utilization of all available wells and resolving issues with the Trans Niger Pipeline and maintenance activities by oil companies.
The Federal Government says measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil production in Nigeria in the first quarter of 2024.Resource said this in a statement by his Special Adviser, Media and Communications, Nneamaka Okafor, on Friday in Abuja.
“In response to recent concerns regarding a shortfall in oil production in Nigeria during the first quarter of 2024, measures are being taken to address the situation to, not only restore production to previous levels, but to also increase it. “Furthermore, the Ministry of Petroleum Resources is actively engaged in policy evolution aimed at maximising the utilisation of all available wells in Nigeria.
Federal Government Oil Production Nigeria Shortfall Trans Niger Pipeline Maintenance Activities
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