HEINEKEN Lokpobiri, the Minister for State Petroleum Resources (Oil), says Nigeria is targeting 3 million barrels per day of oil production in 2025. Setting targets is good because it measures performance. Indeed, Nigeria needs increased oil production to boost its foreign earnings. Lokpobiri’s target is ambitious. The regulator of the upstream, the Nigerian Upstream Petroleum
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NIGERIANS had high hopes in January 2019 when former President Muhammadu Buhari signed Executive Order …