Tantita Security has pledged its support to the NNPC Ltd to acheive its two million barrel per day target by December
Recall the NNPC’s Group Chief Executive Officer, Mele Kyari, at the Oil Production War Room in Abuja said crude oil production now stands at 1.8millin barrels per day.
The security and private oil pipeline surveillance firm through its founder Government Ekpemupolo, said the current 1.8mbpd was a collaborative effort of the Nigerian National Petroleum Corporation Limited, security forces, and Tantita to address the challenges of oil sufficiency.
Ekpemupolo popularly called Tompolo, in a statement signed by his Special Adviser on Media and Public Communication, Dr Paul Bebenimibo, said, “Tantita is committed to achieving 2mbpd by December, as directed by President Bola Ahmed Tinubu.
“This milestone was achieved in collaboration with the NNPCL, security forces, and Tantita, which has been at the forefront of oil pipeline protection in the Niger Delta.
“We are determined to hit the 2mbpd target before the year ends. All necessary machinery has been put in place to ensure this objective is met. Our efforts will continue to focus on galvanising the Nigerian economy and halting oil theft.”
Tompolo assured that advanced technologies are deployed to secure oil facilities and boost production.
The NNPC Ltd has been leading the charge with substantial investments in gas, significantly impacting the sector’s contribution to the GDP.
Recent statistics underscore the importance of these initiatives in the context of Nigeria’s economic landscape.
In the second quarter of 2024, Nigeria’s oil sector recorded a GDP growth rate of 3.52%, reflecting a recovery from previous downturns.
This growth is attributed not only to crude oil production but increasingly to the expanding natural gas sector. According to the National Bureau of Statistics, the oil and gas sector’s contribution to GDP has seen a marked improvement, with gas output playing a vital role.
Recognizing the strategic importance of gas, NNPC Ltd is shifting its focus from solely oil production to include significant gas investments.
With Nigeria possessing over 200 trillion cubic feet of proven natural gas reserves, the potential for growth is immense.
The NNPC Ltd is spearheading the construction of key gas pipelines and processing facilities.
The completion of the Ajaokuta–Kaduna–Kano (AKK) gas pipeline is set to enhance the transportation of gas across Nigeria, facilitating greater domestic supply and export capabilities.