In April, oil production figures for Nigeria dropped to an average of 999,000 (0.999 million) voluntary production levels in barrels per day (bpd), just as Angola overtook Nigeria and led Africa with 1.063 million barrels per day production.
This is according to the Organization of petroleum exporting countries (opec)’s monthly oil market report (momr) released on Thursday.
According to data obtained by OPEC through direct contact with the member countries, Angola’s oil production increased to 1.063 million barrels per day over Nigeria’s, which stood at 999,000 barrels in April, the same as Algeria’s oil production in the month.
According to OPEC results, Nigeria lost 270,000 bpd of oil relative to its 1.268 million bpd output estimate in March.
On Wednesday, the Commission Chief Executive (CCE) of NUPRC, Gbenga Komolafe, said challenges that include insecurity, energy theft in Nigeria’s oil-producing communities, along with low investment, had stalled the production of about one million barrels of crude oil daily.