Nigeria: NEITI Backs Sanusi's Claim Against NNPC's Production Figure

5 October 2012

The Nigeria Extractive Industries Transparency Initiative (NEITI) Thursday added to the growing voices of pessimism on the accuracy of Nigeria's crude oil production figures which have been reported by the Nigerian National Petroleum Corporation (NNPC).

NNPC captures Nigeria's current crude oil production figure at 2.7 million barrels per day (mbpd), a slight increase from her hitherto 2.4mbpd production figure which the Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi has expressed some doubt about.

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