Nigeria Meets 104% OPEC Quota As Production Hits 74-Month High - NUPRC
Nigeria reached 104% of its OPEC crude oil production quota in June 2026, marking a 74-month high in output. The NUPRC attributed this growth to stable operations and the absence of pipeline outages.
Why it matters
Increased oil production is critical for Nigeria's economic stability and its standing within the global energy market.
Nigeria has met its production quota set by the Organisation of Petroleum Exporting Countries (OPEC), as crude oil and condensate production soared to an average of 1,735,398 barrels per day in June 2026, representing positive growth for a 4th consecutive month.
The article relies on official government data and reports production figures neutrally.
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