The average crude oil production recorded during May represents 102 per cent of Nigeria’s 1.5mbpd of production quota allocated by OPEC.
![Nigerian Upstream Petroleum Regulatory Commission[ Credit: Punch Newspaper]](https://gazettengr.com/wp-content/uploads/NUPRC-22.png)
Nigeria’s crude production in March was 1.38 million barrels per day.
The Petroleum Technology Association of Nigeria has urged Nigeria to raise oil and gas output as shifting OPEC+ dynamics threaten global price stability.
the UAE assured that the withdrawal would not affect the country’s commitment to energy market stability.
Iran says the Strait of Hormuz is closed and it will fire on any ship trying to pass, Iranian media has reported.
Iran’s Ambassador to Nigeria, Mahdavi Raja, has reaffirmed Tehran’s commitment to deepening bilateral relations with Nigeria
Ms Majekodunmi said that private funding would also help accelerate Nigeria’s climate goals and strengthen adaptation measures across key economic sectors.
The commission had revealed on September 11, 2025 that daily crude oil losses had dropped to 9,600 barrels per day, the lowest since 2009 which was reported widely and accurately.
The 1.65 million barrels per day (bpd) may be returned in part or in full, subject to evolving market conditions, and in a gradual manner, OPEC+ said.
Nigeria, for the second time, exceeded the OPEC quota; the first was in January and the second in June.
