
FG demands concrete action from IOCs to boost oil production
By Obas Esiedesa, Abuja The Federal Government (FG), yesterday, urged International Oil Companies (IOCs) operating in Nigeria to take concrete steps to ramp up crude oil production, following the country’s ambitious target of reaching 2.5 million barrels per day by 2027. Nigeria’s daily average oil production stood at about 1.6 million barrels per day in 2025, […]