26/08/2025
Crude Oil Production Rises 10% Y-O-Y To 1.71m/BPD -
NUPRC
Nigeria's 2025 federal budget was premised on an oil benchmark price of about $75 per barrel and a production target of 2.06 million.
Nigeria's oil output recorded significant growth in July 2025, averaging 1.71 million barrels of oil per day (bopd), according to newly released statistics by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).