Nigeria: Floods Slash Nigeria's Crude Production By 500,000 Barrels Per Day

24 October 2012

The recent wave of tragic floods in most states of the country has drastically reduced Nigeria's crude oil production by 500,000 barrels per day (bpd), the Department of Petroleum Resources (DPR) has said.

The revelation came barely 10 days after the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, had said that the floods, which have disrupted socio-economic activities in most states of the country including the Niger Delta, did not have any adverse effect on the country's crude oil production.

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