Nigeria Oil production rose slightly in November 2025 to 1.436 million barrels per day, up from October’s 1.401 million.
However, the country missed its OPEC production quota for the fourth consecutive month, highlighting ongoing challenges.
In fact, Nigeria last hit its target in July 2025, showing that the sector continues to struggle.
Nigeria Oil Production Rises
According to OPEC data, production steadily fell from 1.468 million bpd in Q1 to 1.444 million in Q3.
Although the government launched interventions and encouraged new upstream investments, these efforts have not fully stabilised output.
Moreover, security issues and ageing infrastructure continue to limit the sector’s growth.
OPEC+ And Global Pressure
Meanwhile, OPEC+ members paused early 2026 production increases, citing fragile global market conditions.
As a result, Nigeria’s repeated shortfalls threaten foreign exchange earnings, since oil remains the nation’s main revenue source.
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Yet, small gains in output hint at a slow recovery that could strengthen government finances if sustained.
Additionally, upgrades to refineries and new private projects, like Dangote’s, may boost production in 2026.
Nevertheless, pipelines and local distribution bottlenecks continue to obstruct full-scale growth.
Shifting Fuel Demand
Fuel demand also shifted, with daily petrol consumption dropping to 52.9 million litres in November, down from 56.74 million in October.
These trends reflect changing national consumption patterns and evolving energy behaviours.
Overall, while Nigeria Oil production still falls short of OPEC targets, the sector shows tentative signs of recovery.
If the government addresses security, infrastructure, and investment challenges, 2026 could mark a stronger performance.
