THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that Nigeria has the potential to produce 1.9 million barrels of crude oil per day (mbpd), having reached a peak production of 1.86 mbpd in May.

During a meeting with the Chairman of the Nigerian Revenue Service (NRS), Dr Zacch Adedeji, NUPRC’s Chief Executive Officer, Mrs Oritsemeyiwa Eyesan, emphasised the country’s commitment to ramping up production.

She acknowledged existing challenges, such as infrastructure issues and asset integrity, but expressed determination to address them.

Eyesan also highlighted the need to enhance human capacity within the industry, stating that growth requires investment in talent development to meet increasing demands.

She mentioned that one of her key objectives upon assuming office was to digitalise NUPRC’s operations, a goal that has already been achieved.

She commended the NRS chairman for his role in driving reforms that led to the enactment of the NRS Act, noting that the transfer of revenue collection responsibilities has been seamless.

Eyesan reiterated the Commission’s commitment to creating an enabling environment for oil and gas operators.

“We are here to support their businesses, ensuring they not only survive but thrive. When we grow the industry, everyone benefits,” she added.

Dr Adedeji praised the Commission for its dynamism, professionalism, and transparency, promising to maintain collaboration with NUPRC, especially on matters related to the new Act’s revenue collection functions.

He stated: “It is in Nigeria’s interest that we work together to increase revenue for the country in a transparent manner for the benefit of all Nigerians. My role is to collect revenue, not generate it. I will support you in collecting your royalties.”

He assured that the NRS would continue to support NUPRC in achieving its shared goal of increasing government revenues in a fair, transparent, and sustainable way.

tribuneonlineng.com

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President Bola Ahmed Tinubu has commended the National Agricultural Development Fund (NADF) for its critical role in expanding farmers’ access to fertiliser and advancing Nigeria’s food security objectives under the Renewed Hope Agenda.

Tinubu’s commendation was contained in a State House statement issued on Thursday, where he highlighted NADF’s implementation of the Renewed Hope Farm Input Support Programme (RH-FISP) as a critical intervention supporting smallholder farmers across the country.

According to President Tinubu, while efforts under the Presidential Fertiliser Initiative (PFI), now restructured under the Ministry of Finance Incorporated (MOFI), have strengthened fertiliser procurement and local production, NADF has played a crucial role in ensuring that these inputs reach farmers at the grassroots level.

“Securing inputs and keeping blending plants active is only the first step. The real test is last-mile access, getting fertiliser to the farmers who need it, when they need it,” President Tinubu stated.

He noted that through RH-FISP, NADF is currently distributing 515,720 bags of locally produced fertiliser to 128,930 smallholder farmers across 25 states and the Federal Capital Territory during the current planting season, helping to improve productivity and support national food production.

The intervention, being coordinated by the Executive Secretary of NADF, Muhammad Abu Ibrahim, is one of the flagship agricultural support programmes designed to boost smallholder farmer productivity, improve yields and strengthen food security across the country.

President Tinubu described the initiative as a practical demonstration of his administration’s commitment to fulfilling its promise to make food security a central pillar of the Renewed Hope Agenda.

“When we came into office, we made a promise to Nigerians that food security would be a major pillar of our Renewed Hope Agenda. We promised to support our farmers, strengthen local production, reduce dependence on imports, and build an agricultural system strong enough to withstand shocks from beyond our borders. That promise is being kept,” he said.

Beyond fertiliser distribution, the President also acknowledged NADF’s efforts in promoting modern agricultural practices through digital extension services, harmonised fertiliser application guidance and targeted interventions for priority crops, including rice, maize, cassava and soybean.

Under the leadership of Mohammed A. Ibrahim, NADF has continued to deepen partnerships and implement strategic interventions aimed at improving access to agricultural inputs, enhancing farmer support systems and driving sustainable agricultural development.

The commendation comes amid ongoing federal government efforts to strengthen agricultural value chains and shield the sector from global supply disruptions.

President Tinubu noted that strategic interventions across the fertiliser value chain have helped sustain local production capacity, improve affordability and support farmers despite rising global input costs.

Reaffirming his administration’s commitment to agricultural transformation, the President pledged continued support for initiatives that boost productivity, strengthen value chains and improve livelihoods across rural communities.

“Our administration will not relent in its efforts to strengthen Nigerian agriculture and protect food security for every Nigerian. This is the meaning of promise made, promise kept.

“We will continue to take practical steps that improve productivity, support our farmers, and secure our nation’s food future,” President Tinubu said.

The President’s endorsement further underscores NADF’s growing role in the Federal Government’s strategy to improve agricultural productivity, enhance food security and drive sustainable rural development nationwide.