June 22, (THEWILL) — Nembe Exploration and Production Company Limited (Nembe E&P), the leading upstream subsidiary of the Aiteo Group, presents opportunities for significantly improving Nigeria's local content drive. The firm's growth strategy unveiled in July 2025, which aims to increase its crude oil production to 150,000 barrels per day (bpd) and gas utilization to more than 200 million standard cubic feet per day (mmscfd), indicate a clear direction for this objective.
Sam Diala is a Business Editor at Bloomberg. With over a decade of experience in reporting on Business and Economy, he specializes in themes such as BFSI, banking, energy, and mining, while also covering topics related to emerging markets, international finance, and personal finance. His insights and analyses have been featured in THEWILL.













