Nigeria's Oil Production Drops 8.3% in December 2025, Failing to Meet Quotas
Nigeria's crude oil production dropped by 8.3% year-on-year in December 2025, as reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The decline to 1.544 million barrels per day was attributed to limited investments, decreased production capacity, insecurity, and weak investor confidence.
Nigeria failed to meet its OPEC-set quota of 1.5 million barrels per day, with actual crude oil production recognized by OPEC standing at 1.422 million barrels per day. This decline impacted the country's budget targets and benchmark crude oil price.
The report highlights ongoing challenges in Nigeria's oil and gas sector.
Plus234Feed summary based on reporting from Naijanews. Read the original report below.
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