Nigeria’s oil output rises marginally,  short of OPEC quota

By Udeme Akpan
The Organization of the Petroleum Exporting Countries, OPEC, has said that Nigeria’s oil output increased marginally to 1.489 million 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 fails short of its OPEC quota of 1.5 million bpd.
In its May 2026 Oil Monthly Market Report, MOMR, released yesterday, however, based on data obtained from secondary sources, OPEC said Nigeria’s oil output stood at 1.486 million bpd in April, up from 1.449 million bpd recorded in March 2026.
The agency also said total production, includ...