Nigerian crude oil production dropped to 1.4MBPD in March, maintaining the top position in Africa

Nigerian crude oil production dropped to 1.4MBPD in March 2025, from 1.46MBPD in the previous month, the Organization of Petroleum Export Countries (OPEC) was disclosed.

However, the country maintains its position as the largest crude oil producer in Africa despite a decrease in output.

This is contained in the Monthly Cartel Oil Market Report (Momr) released on Monday, April 14, 2025.

According to the report, despite a decline, Nigerian oil output is the largest in Africa, beyond Algeria and Congo.

Opec said the data was based on direct communication.

Maintaining momentum from February, Nigeria surpassed Algeria, which produced 909,000 BPD and Congo, which recorded 263,000 BPD.

Also read: Why Nigerian Refinery Oil Hunger, Open Minister

However, according to data sourced from secondary sources, Opec said Nigeria produced 1.51 million BPD in March compared to 1.54 million BPD in February.

“The total production of crude oil doc averaged 41.02 MB/day in March 2025, which 37 TB/d is lower, ma’am,” Opec said.

On April 12, the Nigerian Upstream Oil Regulation Commission (NUPRC) said the country’s oil production declined to 1,400,783 BPD in March.

Although oil output drops in March, NUPRC said the average crude oil production was 93 percent of the 1.5MBPD quota set for Nigeria by OPEC.

On April 4, OPEC and its allies decided to increase oil production by 411,000 BPD in May amid a decline in oil prices, which threatened the implementation of the 2025 Nigerian budget.

By: Babajide Okeowo

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