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Claim: National Security Adviser (NSA) Nuhu Ribadu said Nigeria produces 1.8 million daily barrels.
Verdict: False. CEICdata and Statista reports show Nigeria’s daily oil production has not exceeded 1,324,000.
Full Text
At the Comptroller-General of Customs Conference in Abuja earlier in November, the National Security Adviser (NSA), Nuhu Ribadu, asserted that Nigeria now produces about 1.8 million barrels per day (bpd).
He stated this while cautioning the emerging Islamic State of Iraq and Syria (ISIS)-backed terrorist group, Lukarawa, which began terrorising major parts of the Northwestern states of Sokoto and Kebbi.
The NSA had said, “No one dares Tinubu and wins. No one fights Tinubu and wins. The terrorists that were in many parts of the country, we are killing.
“There is silence in many parts where they were operating. Go to where Boko Haram was operating. There is silence. They have fled to the Niger Republic; many are surrendering,” he said.
“Go to the Niger Delta, there is silence. That is why we can produce 1.8 million barrels per day now. Go to the South East there is silence,” he further claimed.
To forestall any misrepresentation of facts, DUBAWA decided to verify the claim.
Verification
According to the economy and industry-tracking data platform CEICdata, Nigeria’s crude oil production is 1,324,000 barrels per day as of September 2024, the latest data report on Nigeria’s daily oil production.
The report further mentions that daily crude oil production in Nigeria has averaged 1,891,000 since January 2002, only reaching a record high of 2,496,000 per day in November 2005 and a record low of 1,015,000 per day in September 2022.
According to Statista’s latest report on Nigeria’s monthly oil production, the country’s oil production is 1,280,000 per day.
Conclusion
The NSA’s claim that Nigeria’s oil production is 1.8 million per day is false, as reports from data-backed sources show it is below that.
