Nigeria’s Oil Production Rises 4.2% to 1.54mbpd in March 2026

Despite a 4.2% rise to 1.546 million barrels per day, Nigeria remains below its OPEC quota of 1.5 mbpd, highlighting ongoing production challenges. The government and regulators aim to increase output to 3 mbpd by 2030 through reforms and investments, marking a strategic focus on boosting industry capacity. Future policies and project implementations will be critical in closing the gap to meet national and global energy demands.