Conclusion<\/strong><\/p>\n\n\n\nThe claims made by Kwankwanso that Nigeria\u2019s oil output is less than one million barrels per day and the oil production quota is more than 2.2 million barrels per day are false.<\/p>\n\n\n\n
Data shows that Nigeria produced an average of 1.1 million barrels between October and December last year. Similarly, Nigeria\u2019s oil production quota is 1.7 million barrels throughout 2022.<\/p>\n\n\n\n
The researcher produced this fact-check per the DUBAWA 2023 Kwame Karikari Fellowship partnership with Premium Times to facilitate the ethos of truth in journalism and enhance media literacy in the country.<\/em><\/strong><\/p>\n\n\n\n\nhttps:\/\/www.premiumtimesng.com\/news\/top-news\/580770-how-accurate-are-kwankwasos-claims-about-nigerias-oil-production.html\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"
On January 26, 2023, the New Nigeria Peoples Party (NNPP) presidential candidate, Rabiu Kwankwaso, spoke at Daily Trust’s annual dialogue on his blueprint and how he intends to govern Nigeria if elected. Mr Kwankwaso, a former minister of defence, expressed concern about how crude oil theft in Nigeria is undermining production and consequently affecting the country\u2019s revenue generation. The ex-senator made some claims regarding Nigeria\u2019s oil quota and production. But, how true is Mr Kwankwaso\u2019s claims on the oil output of Africa\u2019s largest oil producer? Claim 1 Claim: Nigeria produces less than one million barrels of crude oil daily. Verification: A review of data obtained from the Organisation of the Petroleum Exporting Countries (OPEC) shows that from October to December 2022, Nigeria\u2019s oil output was above one million barrels per day. In October, Nigeria\u2019s average production was 1.014 million barrels per day. The output turnout increased to 1.1 million barrels per day in November. By December, Africa\u2019s largest oil producer pumped 1.2 million barrels daily. OPEC uses secondary sources to monitor its oil output and publishes a table of figures submitted by its member countries. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in its monthly oil production status report, corroborated the same data published by OPEC. Verdict: False. OPEC monthly oil market report and NUPRC monthly production report. Claim 2 Claim: Mr Kwankwaso claimed that Nigeria\u2019s oil production quota is more than 2.2 million barrels per day. Verification: Throughout the past year (2022), the average production quota set by OPEC for Nigeria is 1.6 million barrels per day. In January, at the start of 2022, Nigeria\u2019s quota stood at 1.68 million barrels per day. By February, the OPEC quota had increased to 1.7 million barrels daily. By March, as the price of crude jumped to $113 per barrel, OPEC also increased Nigeria\u2019s quota to 1.71 million barrels per day. Although oil prices dropped to $105 in April, OPEC increased Nigeria\u2019s required production to 1.73 million daily barrels. With some companies shutting production in May, the average OPEC quota for Nigeria that month was 1.75 million barrels per day. By June, the OPEC basket price had climbed again to $118 per barrel, and OPEC\u2019s required production increased to 1.77 million barrels per day. In July, Nigeria\u2019s quota stood at 1.79 million barrels. Meanwhile, between August and December 2022, Nigeria’s required production set by OPEC is 1.8 million barrels per day. Verdict: False. OPEC data shows that Nigeria\u2019s oil production quota is 1.7 million barrels throughout the year 2022. Conclusion The claims made by Kwankwanso that Nigeria\u2019s oil output is less than one million barrels per day and the oil production quota is more than 2.2 million barrels per day are false. Data shows that Nigeria produced an average of 1.1 million barrels between October and December last year. Similarly, Nigeria\u2019s oil production quota is 1.7 million barrels throughout 2022. The researcher produced this fact-check per the DUBAWA 2023 Kwame Karikari Fellowship partnership with Premium Times to facilitate the ethos of truth in journalism and enhance media literacy in the country.<\/p>\n","protected":false},"author":1,"featured_media":13914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"hannibal_claim_source":"","hannibal_source_label":"","hannibal_card_color":"blue","_jetpack_memberships_contains_paid_content":false,"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_bluesky_share_type":"","_mastodon_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[5,1571],"tags":[],"verdict":[],"ppma_author":[2757],"class_list":["post-13913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elections","category-fact-check"],"jetpack_shortlink":"https:\/\/wp.me\/p8R6dE-3Cp","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"authors":[{"term_id":2757,"user_id":0,"is_guest":1,"slug":"kabir-yusuf","display_name":"Kabir Yusuf","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/6c2a2dbabaf516bb081dd22c59cce46258b856f248535bb4cfb7ed642de4b612?s=96&r=g","author_category":"","user_url":"","last_name":"","first_name":"","job_title":"","description":""}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2023\/03\/Rabiu-Musa-Kwankwaso.webp?fit=1200%2C879&ssl=1","_links":{"self":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/13913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/comments?post=13913"}],"version-history":[{"count":2,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/13913\/revisions"}],"predecessor-version":[{"id":13916,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/13913\/revisions\/13916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media\/13914"}],"wp:attachment":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media?parent=13913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/categories?post=13913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/tags?post=13913"},{"taxonomy":"verdict","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/verdict?post=13913"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/ppma_author?post=13913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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