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Nigeria Must Increase Oil Production To 4m Barrels Per Day-SNEPCo
The Managing Director, Shell Nigeria Exploration and Production Company, SNEPCo, Mrs Elohor Aiboni, has said there is no reason for Nigeria not to grow its crude oil production output to four million barrels per day.
This, according to her, is because of the country’s array of prolific assets in the deep water space.
Aiboni made this known in her address at the NNPC NUIMS 2023 Annual Assurance Review held in Lagos.
The Organisation of Petroleum Exporting Countries (OPEC) puts Nigeria’s crude oil production output at 1.353m.
Aiboni noted that SNEPCo had already surpassed the one billion barrels of crude oil production milestone and was currently outperforming its production target for 2023, raising daily production output from 90,000 BPD to 131,000 BPD.
“Improvements were recorded from the onshore and swamp assets following the launch of the industry-wide security architecture.
“Also, activities in the deepwater space have also picked up contributing to the overall improvement in production,” she said.
Aiboni expressed appreciation to the leadership of the Nigerian National Petroleum Company Limited and the NNPC Upstream Investment Management Services for the level of collaboration geared towards maximising the potential of the deepwater assets and delivering key projects.
The Shell MD restated the company’s commitment to growing its assets, willingness to deliver big-ticket projects and exploit near-term opportunities to continually grow output volumes.
Responding to the MD’s remark, the Chief, Upstream Investment Officer, Mr Bala Wunti, said that NUIMS remains committed, willing and able to actively support SNEPCo to continue exceeding expectations.
Wunti reassured of the commitment of NNPC and NUIMS to rewrite the history books and deliver bigger milestones.
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has tasked troops of Operation SAVANNAH SHIELD to dominate the battlespace and intensify offensive operations against kidnappers, bandits and other criminal elements in the North Central region.
Shaibu gave the directive yesterday during his maiden operational visit to the Headquarters, Joint Task Force North Central (JTF-NC), at Sobi Barracks, Ilorin.
This is contained in a statement by the Acting Director, Army Public Relations, Col. Appolonia Anele, in Abuja, yesterday.
Shaibu said the Nigerian Army would remain resolute in its constitutional responsibility of safeguarding lives and property, stressing that troops must sustain pressure to decisively deny criminal elements freedom of action.
He assured personnel of continued deployment of combat enablers and operational resources to enhance clearance operations and dismantle criminal hideouts across Kwara and Niger states.
The COAS reaffirmed his commitment to troop welfare, noting that improved welfare remained critical to sustaining morale, operational effectiveness and combat readiness.
He urged the troops to remain disciplined, professional and loyal to the Constitution and the democratically elected government.
Earlier, the Theatre Commander, JTF-NC Operation SAVANNAH SHIELD, Maj.-Gen. Yakubu Yahaya, commended the COAS for his strategic leadership and support.
Yahaya assured that troops would remain committed and steadfast in restoring peace and stability in the region.
The Nigerian Navy says it is expanding training and infrastructure to address emerging security threats and strengthen operational efficiency across formations and units nationwide.
The Chief of Naval Staff, Vice Adm. Idi Abbas, spoke during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers as part of activities marking the Nigerian Navy’s 70th anniversary.
Abbas, represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele, said the projects reflected significant progress made by the navy since its establishment in 1956 from the British Royal Navy.
“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the navy’s constitutional responsibilities.”
According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.
Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.
Others were the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.
Abbas described the new theatre as a major milestone for the navy’s medical services.
“Previously, injured personnel requiring surgeries were referred outside the facility.
“With this theatre, surgeries can now be conducted within the base.’’
He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.
The naval chief assured officers, ratings and trainees that the navy leadership remained committed to their welfare and wellbeing.
“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.
In addition, NAVTRAC distributed educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area of Rivers.
Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.
Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.
“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.
He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.
Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.
He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.
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