June 12, 2026
crude-oil
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By David Akinmola

Nigeria’s crude oil production rose to 1.53 million barrels per day (mbpd), its highest level since July 2025, signaling a continued recovery in the country’s oil sector amid ongoing efforts to boost output and strengthen energy security.

Latest production data showed that the increase reflects improved operational efficiency, enhanced security around oil facilities and sustained government initiatives aimed at curbing crude theft and pipeline vandalism in the Niger Delta region.

The development represents a significant milestone for Africa’s largest oil producer, which has faced production challenges in recent years due to ageing infrastructure, underinvestment and widespread oil theft.

Industry analysts said the higher output could provide a much-needed boost to government revenues, foreign exchange earnings and fiscal stability at a time when the country is seeking to strengthen economic growth and improve public finances.

The increase also comes as Nigeria seeks to maximize its production quota under the framework of the Organization of the Petroleum Exporting Countries and its allies, while attracting fresh investments into upstream oil and gas projects.

Stakeholders attributed the improvement to collaborative efforts involving security agencies, oil companies and host communities to protect critical energy infrastructure and reduce disruptions to production activities.

The Federal Government has repeatedly identified crude oil theft as one of the biggest threats to the sector, with losses from illegal bunkering and pipeline sabotage significantly affecting output levels and export earnings over the years.

Market observers noted that the latest production figure could enhance Nigeria’s position in the global oil market and improve the country’s capacity to meet both domestic obligations and export commitments.

Higher crude output is also expected to support external reserves and strengthen foreign exchange inflows, particularly as oil remains Nigeria’s dominant export commodity and a major source of government revenue.

Analysts, however, cautioned that sustaining the upward trend would require continued investment in infrastructure, regulatory stability and security measures to prevent a resurgence of production losses.

They also stressed the need for accelerated development of new oil fields and implementation of reforms under the Petroleum Industry Act to attract long-term capital into the industry.

With production now at its highest level in nearly a year, industry stakeholders expressed optimism that Nigeria could further increase output in the coming months, provided current operational and security gains are maintained.

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