By Abiola Olawale
In a major achievement for Africa’s largest crude oil producing country, Nigeria has met and exceeded its Organization of Petroleum Exporting Countries (OPEC) crude oil production quota of 1.5 million barrels per day (bpd) in June 2025.
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and OPEC’s latest Monthly Oil Market Report, Nigeria’s average daily crude oil production reached 1.505 million bpd, with total liquid output, including condensates, hitting approximately 1.697 million bpd.
This marks the second time in 2025 that Nigeria has achieved this benchmark, signaling a robust recovery in its oil sector.
For years, Nigeria struggled to meet its OPEC quota due to several challenges. In 2023, production hovered at 1.1 million bpd, climbing to 1.3 million bpd in 2024 and 1.4 million bpd earlier this year.
The recent surge to 1.505 million bpd in June, with a peak of 1.547 million bpd according to secondary OPEC data, underscores the country’s efforts to address longstanding issues that have affected production.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, recently said Nigeria was ramping up production with a medium-term goal to hit 2.06 million barrels per day by 2027.
He expressed optimism that oil output would rise to 1.9mbpd in December this year.
“We have started growing. In March, we were producing about 1.56 million barrels per day, and we’re now at 1.63 million, including condensates. By the end of the year, we are hoping to clock 1.9 million barrels daily,” he said.
He added that the NNPCL is now targeting 1.9 million bpd by the end of 2025, with a medium-term goal of 2.06 million bpd by 2027.
