Economy
Nigeria’s Oil Production Drops to 1.65 Million Barrels Daily In May
- Second Lowest In 2025
Data published by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the country’s crude oil production for May 2025 was the second lowest recorded so far this fiscal year.
According to the commission’s data, Nigeria produced a total of 1.65 million barrels of crude oil per day in May, including both condensates and uncondensed volumes.
This figure was slightly lower than the 1.68 million barrels per day recorded in April but higher than the 1.60 million barrels per day posted in March, the lowest so far in 2025.
Production in February stood at 1.67 million barrels per day, while January saw the highest output of the year with 1.73 million barrels per day.
The analysis also reflects trends from the final months of 2024. In December, production was reported at 1.667 million barrels per day, slightly below the 1.690 million barrels recorded in November. October 2024 had the lowest production during that period, with 1.538 million barrels per day.
Notably, in April 2025, crude oil production excluding condensates was recorded at 1.485 million barrels per day, just below the 1.5 million barrels per day quota set for Nigeria by the Organisation of the Petroleum Exporting Countries (OPEC).
The recorded figure of 1.485 million barrels per day for April is an improvement over the 1.4 million barrels per day reported in March and the 1.465 million barrels per day in February.
Nigeria’s crude oil production continues to be undermined by persistent challenges such as sabotage, pipeline vandalism, and systemic mismanagement within the oil sector. These issues have repeatedly caused the country to miss its OPEC production targets, despite possessing the capacity to meet or exceed them.