The Nigerian National Petroleum Company Limited has disclosed that they have the aim to increase crude oil production to two million barrels per day by the end of 2024.

According to the Nigerian Upstream Petroleum Regulatory Commission, the country's daily production increased from 1.27 million barrels in June to 1.6 million in July.

Speaking with Maritime Stakeholders at the Nigerian Navy Headquarters on Tuesday, July 30, 2024, the Group Managing Director of NNPC, Mele Kyari, stated that the target would be met, because the NNPC was fully committed to achieving it.

He said, “The target is to increase production to two million barrels by the end of the year, and we are fully committed to doing that.

"I appreciate the support of the Nigerian Navy in making this possible.

“They have been providing significant support, which has resulted in a reduction in oil theft.

"Pipeline vandalism has also decreased significantly, and there is a lot currently happening in the industry.

"We hope to sustain this progress to achieve our target of two million barrels per day by the end of the year.”