NNPCL rejects Senate’s move to increase 1.78mbpd oil production benchmark to 1.8mb/d

The Nigerian National Petroleum Company Limited (NNPCL) has rejected the move by the Senate Committee on Appropriation to increase the crude oil production benchmark in the 2024 Appropriation Bill from 1.7 million barrels per day to 1.8 mb/d.   The Group Chief Executive Officer of NNPCL, Mele Kyari, kicked against the plan during an interactive session with the Senate Committee on Appropriations in Abuja on Friday.   The Chairman of the Committee, Senator Solomon Adeola (APC – Ogun West), made the proposal when the NNPCL management led by Kyari appeared…