Nigeria oil production drops to 1.39 million bpd in September

Nigeria’s crude oil production declined to 1.39 million barrels per day in September 2025, according to the latest data from the Organization of the Petroleum Exporting Countries. This represents a decrease of approximately 45,000 barrels per day from the previous month. The decline marks the second consecutive month of reduced production, following a output of 1.434 million barrels per day in August 2025.

The Nigerian Upstream Petroleum Regulatory Commission also reported a drop in crude oil and condensate production, averaging 1.581 million barrels per day in September 2025. The commission attributed the decline to a three-day industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria, which led to the shutdown of several production and export facilities. The strike resulted in disrupted output and export schedules, causing significant production deferments.

The Nigerian National Petroleum Company Limited’s Group Chief Executive Officer, Bayo Ojulari, warned of projected revenue losses due to missed crude liftings and reduced gas sales. The latest production figure is Nigeria’s lowest output in nine months, falling below OPEC’s allocated cut of 1.5 million barrels per day. As crude oil accounts for over 80% of Nigeria’s export revenues and is the country’s primary foreign exchange earner, the decline in production is likely to have significant economic implications.

The reduction in oil production is a concern for Nigeria, given its heavy reliance on crude oil exports. The country’s economy is highly dependent on the oil sector, and any decline in production can impact government revenues and foreign exchange earnings. The Nigerian government and oil industry stakeholders will need to address the issues leading to the decline in production to mitigate the economic impact. With the latest production figures, Nigeria’s oil industry will be closely watched in the coming months to see if production levels can recover and meet OPEC’s allocated cuts.

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