Nigeria is producing 1.8 million barrels of oil per day, up from just one million barrels over a year ago, the country’s minister of state for petroleum said on Tuesday.

“Nigeria has made significant progress since the last time we met in 2024,” Heineken Lokpobiri told an oil conference in Abuja.

“When I became minister, we were doing about a million barrels. Today, we are doing about 1.8 million barrels. That is 80% growth,” he added.

The current output is still short of Nigeria’s target of 2 million barrels per day (bpd) for its 2025 national budget.

The government has stepped up a crackdown on oil theft in its producing delta region, which it hopes will help boost national production this year.
Source: Reuters