This assurance was conveyed during a crucial interactive session between the joint committees of the National Assembly on Finance and key ministers and executives.
During the session at the national assembly, Mela Kyari, the group executive officer of NNPC, presented positive indicators in the Energy and Gas sector, stating that Nigeria is set to become a net exporter of petroleum by December this year. He mentioned that the upcoming production of the Port Harcourt refinery, followed by the Warri refinery a few months later, and the Kaduna refinery by December, will contribute to this achievement. Additionally, Kyari expressed confidence that oil production levels will reach two million barrels per day in the near future, thanks to ongoing efforts.
“We acknowledge the critical role of NNPC and the oil and gas industry in revitalising our economy. We are taking practical steps to achieve this goal,” Kyari stated. “Through President Buhari’s initiatives and our intensified focus on production activities, we have already witnessed growth in oil and gas production. As the minister mentioned, we are on track to reach the target of two million barrels per day. Furthermore, by the end of this year, Nigeria will be a net exporter of petroleum products.”
