Nigeria’s oil output rises to 1.4m bpd in October, still below OPEC quota

Nigeria’s crude oil production rose slightly to 1.401 million barrels per day (bpd) in October 2025, up from 1.39 million bpd recorded in September, according to the latest Monthly Oil Market Report (MOMR) released by the Organisation of the Petroleum Exporting Countries (OPEC) on Wednesday. Despite the modest uptick, the report shows that Nigeria fell […]

Nigeria’s crude oil production rose slightly to 1.401 million barrels per day (bpd) in October 2025, up from 1.39 million bpd recorded in September, according to the latest Monthly Oil Market Report (MOMR) released by the Organisation of the Petroleum Exporting Countries (OPEC) on Wednesday.

Despite the modest uptick, the report shows that Nigeria fell short of its OPEC-assigned production quota for the third consecutive month, highlighting ongoing operational and security challenges in the oil sector.  

Despite not meeting the report, Nigeria still remains Africa’s top oil-producing nation.

The last time Africa’s largest crude producer met its OPEC target was in July 2025.

Data from OPEC indicates that Nigeria’s production averaged 1.444 million bpd in the third quarter (Q3) of 2025, compared with 1.481 million bpd in Q2 and 1.468 million bpd in Q1.  

The steady decline underscores the country’s struggles to sustain output recovery, even amid fresh upstream investments and government interventions aimed at curbing crude theft and improving infrastructure.

Recently, the federal government, through the Minister of Petroleum (Oil), Senator Heineken Lokpobiri, said the federal government would demand an increase in quota from OPEC from the present 1.5m bpd.  

Globally, the OPEC report noted that oil supply outpaced demand by 500,000 bpd in October, reversing the estimated 400,000-barrel deficit recorded the previous month. OPEC attributed the shift to rising non-OPEC production, with 890,000 bpd added globally—over half of which came from the United States.