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BREAKING: Nigeria’s oil production drops to 1.544M Bpd in Sept 2024

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Nigeria's oil production drops to 1.544 million Bpd in September 2024

Nigeria’s oil production, including condensates, dropped to 1.544 million barrels per day (bpd) in September 2024, marking a 1.7% decrease from the 1.570 million bpd recorded in August 2024.

This data was disclosed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in its October 2024 Crude Oil and Condensate Production report.

The drop highlights ongoing challenges in the country’s oil sector, which remains a critical part of Nigeria’s economy.

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