The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has explained why Nigeria’s crude oil production should not be below 2 million barrels per day (bpd).
Adeyemo-Bero based his argument on Nigeria’s reserves and resource base, which, according to him, has the capacity to produce 2.5 million, 3 million, or even 4 million barrels per day if properly explored and utilized by relevant stakeholders.
Speaking on Thursday at the Heirs Energies Leadership Forum 2025 in Abuja, which was attended by Nairametrics, Adeyemo-Bero shared his insights on Nigeria’s crude oil potential.