Plus234Feed

NUPRC Confirms Nigeria Achieved 1.7m bpd Output, Signals Industry Growth

Business
The Will
1 min read
NUPRC Confirms Nigeria Achieved 1.7m bpd Output, Signals Industry Growth

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria achieved a crude oil production level of 1.7 million barrels per day (bpd) on several occasions in November 2025. This achievement reflects a rebound in upstream investment and better security in the oil-producing region.

NUPRC's Chief Executive, Engr. Gbenga Komolafe, revealed that the country's rig activity has significantly increased, with plans worth $20 billion approved to expand the sector's production capacity. The focus is on unlocking an estimated 1.7 billion barrels of oil and 7.7 trillion cubic feet of gas.

The commission is confident in Nigeria's ability to consistently produce above the 1.5-1.6 million bpd threshold in the near term, attracting more investments and strengthening the country's revenue targets.

Plus234Feed summary based on reporting from The Will. Read the original report below.

Read full article

Continue on The Will

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.