Nigeria’s oil output down to 1.6 million barrels

Nigeria’s oil output has dropped to 1.6 million barrels per day compared to last year’s average of around two million bpd, President Umaru Yar’Adua said on Tuesday.

“The reality today as a result of the… OPEC quota and activities of militants in the Niger Delta… the average production has fallen to 1.6 million barrels per day,” Yar’Adua said as he signed into law the 2009 national budget.
AFP