Nigeria’s Crude Oil Reserves Hit 37.50 Billion Barrels – NUPRC

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Naijanews April 16, 2024 8:23 a.m.

Nigeria’s Crude Oil Reserves Hit 37.50 Billion Barrels – NUPRC

He said, “Some of the brownfields and marginal fields have started producing and contributing to our national oil and gas reserves.” The Nigerian National Petroleum Company Limited (NNPCL) is set toincrease its gas output, targeting both local and international markets.This strategic move is promised to restore economic prosperity and stabilize the national currency, the Naira.

Kyari’s announcement aligns with the Nigerian government’s broader economic strategies, which include bolstering the country’s energy sector to support economic recovery efforts..

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