Nigeria targets 3m bpd, $50bn investment, 215tcf gas

By Victor Ahiuma-Young & Johnbosco Agbakwuru ABUJA — The Federal Government has unveiled fresh plans to unlock Nigeria’s more than 215 trillion cubic feet (tcf) of proven natural gas reserves for industrial development, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country could raise crude oil production to three million barrels per day.…