Oil-production boost under Bola Tinubu’s reforms

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Nigeria has increased its crude-oil production to about 1.7 to 1.83 million barrels per day under the “Project One Million Barrels” initiative, and active drilling rigs rose from 31 in January to 50 by July 2025. This comes as part of reforms aimed at attracting investment and improving transparency under the Petroleum Industry Act.

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