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Akpabio Optimistic About Nigeria Achieving OPEC Crude Oil Quota Soon

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Dr. Godswill Akpabio, the President of the Senate, has conveyed optimism about Nigeria’s potential to meet the Organisation of Petroleum Exporting Countries (OPEC) quota of 1.8 million barrels per day. Speaking at the National Assembly Capacity Building Workshop in Abuja, Akpabio emphasized the importance of strategic planning and execution to reach this ambitious target, according to Vanguard.

Representing the Senate, Committee Chairman Etang Williams highlighted Nigeria’s recent milestone, noting that the country achieved a crude oil output of 1.35 million barrels per day in September. This figure marked a remarkable 14% increase from August, representing the highest production in 2023.

Akpabio attributed this success to the dedicated efforts of the Federal Government, instilling confidence that with continued determination and prudent planning, Nigeria could indeed reach the OPEC quota.

He further expressed his optimism in the collaboration between the National Assembly and the key players in the oil and gas industry, seeing it as a pivotal step towards fostering progress and development for Nigerian citizens.