Nigeria’s crude oil production declined to 1.39 million barrels per day (bpd) in September 2025, according to the latest Monthly Oil Market Report (MOMR) released by the Organization of the Petroleum Exporting Countries (OPEC).
This represents a decrease from 1.434 million bpd recorded in August 2025, and is the lowest in seven months so far in 2025.
The decline in production has been attributed to several factors, including crude theft, pipeline vandalism, and technical issues at some oil terminals.
Additionally, a three-day industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) led to the shutdown of several production and export facilities, disrupting output and export schedules.
Persecondnews sourced this report from the latest Monthly Oil Market Report (MOMR) released on Monday by OPEC.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) had reported that the country’s crude oil and condensate production dropped to an average of 1.581 million barrels per day (bpd) in September 2025.
The decline in oil production could undermine Nigeria’s revenue projections, especially as the federal government is banking on higher oil earnings to support its 2025 budget.
Crude oil remains Nigeria’s biggest foreign exchange earner, accounting for more than 80% of export revenues.
Analysts say that the setback could have significant implications for the country’s economy.
The Nigerian National Petroleum Company Limited (NNPC) has pledged to boost output to at least 1.8 million bpd by the end of the year through tighter security measures in the Niger Delta and renewed investment in upstream projects.
The NNPC’s Group Chief Executive Officer, Bayo Ojulari, had earlier informed regulators that PENGASSAN’s industrial action led to significant production deferments and projected revenue losses from missed crude liftings and reduced gas sales.
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