Exciting Days Ahead for Tinubu’s Govt, As Nigeria’s Crude Oil Production Hits 3-Month High Read more: https://www.legit.ng/business-economy/economy/1553280-more-money-tinubu-govt-nigerias-crude-oil-production-hit-3-month-high/

 

Nigeria's oil production has finally improved, providing a major boost to the administration of President Bola Tinubu The good news is that Nigeria can now sell more oil to its customers and attract more dollar income This revenue is badly needed for the new administration to implement its various programs aimed at alleviating Nigerians' suffering

Nigeria's oil production has finally improved, providing a major boost to the administration of President Bola Tinubu The good news is that Nigeria can now sell more oil to its customers and attract more dollar income This revenue is badly needed for the new administration to implement its various programs aimed at alleviating Nigerians' suffering 

Nigeria's crude oil production has increased to 1.38 million barrels per day in August 2023, according to the latest data from Platts survey by S&P Global Commodity Insights. The figure indicates a production increase of 60,000 barrels per day compared to 1.32 million published in July 2023. 

The development will be cheering news for President Bola Tinubu, who has consistently urged the NNPC to boost production. Oil is Nigeria's major source of foreign income, and with soaring oil prices, the improvement in production will mean more revenue for the government. Read more: 

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