This comes at the same time as the Nigerian Navy pledged to address obstacles to the Petroleum Industry Act's implementation in order to facilitate business dealings in the industry.
At a meeting of Maritime Stakeholders with Vice Admiral Emmanuel Ogalla, the Chief of the Naval Staff, in Abuja, Kyari made this statement through Mr. Folorunsho Karim, the managing director of NNPCL before the end of the year, and we're determined to accomplish that. We couldn't have done this without the Nigerian Navy's assistance and effort, therefore I really appreciated their efforts and support. As a result, they have been quite supportive and the amount of oil theft has decreased. Additionally, pipeline vandalism has drastically decreased, and there is currently a lot of activity in the industry. And we're hoping to keep doing this. By the end of the year, we'll be able to reach our goal of 2 million barrels per day," he stated.
The purpose of the gathering, according to Vice Admiral Ogalla, Chief of the Naval Staff, was to bring together maritime by law enforcement and business representatives to talk about important topics related to energy and maritime security.
According to him, there have been a number of intricate security issues for Nigeria's oil industry over the past few decades, including violent protests, oil theft, pipeline destruction, and maritime robberies and piracy.
Ogalla stated that the spread of small arms and light weapons, intercommunal conflicts, unemployment, and poverty were the main causes of the threat.
The meeting also aimed to address new security difficulties resulting from the implementation of the Petroleum Industry Act, he continued, adding that traditional methods of addressing the security challenges had not produced the desired result.
The president has stated a desire to improve the ease of doing business in the maritime environment, he continued, adding that all stakeholders must support the federal government's efforts to build the country's Blue Economy.
He promised that by year's end, crude production would reach the desired 2 million barrels per day with the help of the Nigerian Navy and other pertinent parties.
"Increasing production to two million barrels is the goal." as the gas and oil industry in an effort to end poverty.
Ogalla stated that the spread of small arms and light weapons, intercommunal conflicts, unemployment, and poverty were the main causes of the threat.
The meeting also aimed to address new security difficulties resulting from the implementation of the Petroleum Industry Act, he continued, adding that traditional methods of addressing the security challenges had not produced the desired result.
The president has stated a desire to improve the ease of doing business in the maritime environment, he continued, adding that all stakeholders must support the federal government's efforts to build the country's Blue Economy.
He promised that by year's end, crude production would reach the desired 2 million barrels per day with the help of the Nigerian Navy and other pertinent parties.
"Increasing production to two million barrels is the goal." as the gas and oil industry in an effort to end poverty.
According to him, the NN has continued its maritime security activities by working with all maritime stakeholders and maintaining a surveillance, response, and law enforcement capability.
He continued by saying that the Navy reorganized its operations and launched OP DELTA SANITY in January 2024, which resulted in the seizure of 35 ships implicated in oil theft and their transfer to the relevant law enforcement organizations.
He pledged the Nigerian Navy's dedication to carrying out its mandated duties in order to establish a maritime environment that is favorable to the country's economic development.
According to him, the Navy is making efforts to make sure that its actions help the operators rather than hinder them accomplish their tasks and give their best work.
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