Nigeria’s oil production rises slightly but stays below the OPEC quota.

By Udeme Akpan

The Organization of the Petroleum Exporting Countries (OPEC) reported that Nigeria’s oil output rose marginally to 1.489 million barrels per day (bpd) in April 2026 from 1.383 million bpd in March 2026, based on data obtained through direct communication.

This indicates that the country is still struggling with output deficiencies, as the quantity falls short of its OPEC quota of 1.5 million bpd.

In its May 2026 Oil Monthly Market Report (MOMR) released yesterday, OPEC stated that Nigeria’s oil output stood at 1.486 million bpd in April, up from 1.449 million bpd recorded in March 2026, based on data from secondary sources.

The agency also said total production, including condensates, reached about 1.6 million bpd in April.

The OPEC quota shortfall is not limited to crude oil alone, as total output also remained below the 1.84 million bpd benchmark adopted in the Federal Government’s 2026 budget.

This development comes amid sustained efforts by the Federal Government and industry operators to ramp up production to two million bpd in order to boost revenue, strengthen foreign exchange earnings, and support implementation of the 2026 budget.

Meanwhile, OPEC’s position aligns with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which also confirmed that Nigeria failed to meet its 1.5 million bpd oil output quota.

The NUPRC, in its National Liquid Hydrocarbon Production Report released Tuesday, stated that the country did not meet its 1.5 million bpd crude oil production quota approved by OPEC.

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