The Nigerian Government has said that the drop in crude oil production in the first quarter of 2024 was as a result of its encountered problems on the Trans Niger Pipeline and other maintenance activities.
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made this know on Friday through a statement by his Media Aide, Nneamaka Okafor.
The Minister was reacting to the drop in crude oil production from 1.32 million bpd in February to 1.23 million barrels per day in March.
“In response to recent concerns regarding a shortfall in oil production in Nigeria during the first quarter of 2024, the Minister of State for Petroleum Resource (Oil), Senator Heineken Lokpobiri, assures (Nigerians) that measures are being taken to address the situation to, not only restore production to previous levels but also to increase it.
“The Minister clarifies that the reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some oil companies operating in Nigeria,” the statement noted.
While announcing that the issues have been adequately addressed, the minister assured that production is expected to return to its previous levels in the coming days.
