Wednesday, June 17th 2026

Seplat/Exxonmobil Deal Is Costing Nigeria 480,000 BPD - Minister


Seplat/Exxonmobil Deal Is Costing Nigeria 480,000 BPD - Minister
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money to expand their investment, I believe that Nigeria will be in a better place,” he added.

Lokpobiri stated that the quickest way to the redemption of the Nigerian economic problems was through the oil and gas sector, arguing that no oil and gas-producing country fails to prioritise investment in the sector.

He said President Bola Tinubu had given him a mandate to ramp up production, adding that achieving that needs engagement and collaboration with all the relevant industry stakeholders.

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