Nigeria’s oil production declines by 8.3%

Nigeria’s crude oil production, including condensate, declined sharply by 8.3 per cent year-on-year to 1.544 million barrels per day in December 2025, according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The figure represents a drop from the 1.684 million barrels per day recorded in the corresponding period of 2024, highlighting persistent challenges in the country’s oil and gas sector.

Sources reported that although the Commission did not explicitly state the reasons for the decline in its latest report released on Monday, January 19, 2026, experts attributed the fall largely to limited investment, declining production capacity, insecurity, and weak investor confidence.

On a month-on-month basis, the NUPRC said Nigeria’s oil output, including condensate, fell marginally to 1.544 million bpd in December 2025 from 1.599 million bpd recorded in November 2025.

The data further showed that Nigeria failed to meet its 1.5 million barrels per day production quota set by the Organisation of Petroleum Exporting Countries.

According to the regulator, of the total 1.544 million bpd produced in December, 122,385 barrels per day were condensate, which OPEC does not count toward its quota.

This implies that Nigeria’s actual crude oil production recognised by OPEC stood at about 1.422 million barrels per day, falling short of the agreed output level.

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