Nigeria came last among OPEC countries in crude oil production for the month of August 2016, when compared to July 2016.
This is according to the latest OPEC monthly report published on the website of the Oil cartel.
Nigeria’s crude oil production dropped 51% month on month to 1468 thousand barrels per day the largest month on month drop for any OPEC country.
Nigeria still remains second to Angola in crude oil production in Africa, a situation that has remained since the first quarter of 2016.
Nigeria’s oil production has been hammered severely by the activities of Niger Delta militants bombing pipelines and oil installations in the Southern part of the country. As at August nearly all oil platforms in Nigeria declares a Force Majeure.
Crude Oil Production Among OPEC Countries for August 2016. Source: OPEC
Honour minister of information,there is no Nigerian govt or minister of finance that did not knows,we have a serious problem,we wil have a problem in our over-reliance of oil It IS EASY TO DIVERSIFIES NIGERIAN ECONOMY SOFTLY AND BY SUBTLING,we have a recession that is going,and govt social manifesto not be carried out,maybe god is telling Nigerian or govt something,they do not know,Life is all about challenges and temptation.IT IS THE MEASUREMENT AS A PERSON OR AS A MAN,the true in our life ,we human beings are nothng with god or not with god,also since 1999 there is no Nigerian govt minister does not know that inflation must be tamed to manageable level,we have a budget which is good,that will take a minimum of a year and half to materializes,and people are still complaining.and govt could have devises a temporary measures to address,most of the public compliant,and govt would have said ” okay we have listened to your compliant,but we will do it our way,if you agree to this,we do it our way.now the mr. public would saying this is what I have been telling you,since I became what I am .govt is wasting a lot of time