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Nigeria is suitably positioned to become a superpower in the unfolding energy transition regime given its over 200 million population and abundant energy sources, the Nigerian Upstream Regulatory Commission (NUPRC) has said.
The NUPRC Chief Executive, Gbenga Komolafe, disclosed this in a statement on Thursday.
Mr Komolafe said as a country, Nigeria boasts of 37.064 billion barrels of oil with a daily production of over 1.5 million barrels of oil which makes it rightfully positioned to achieve the right energy mix for sustainability of energy supply.
In terms of reserves, he said Nigeria ranks 2nd in…
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