Nigeria exceeds OPEC quota as oil production hits 11-month high

From Adanna Nnamani, Abuja
Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries (OPEC) quota in May 2026, reaching its highest level in 11 months and reinforcing the country’s position as Africa’s leading oil producer.
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday showed that the country produced an average of 1,530,354 barrels of crude oil per day (bpd) and 170,446 bpd of condensates during the month, bringing total combined production to 1.7 million bpd.
The average crude oil output represented 102 per cent of Nigeria’s OPEC production quota of 1.5 million bpd, marking a significant milestone ...