Year-on-Year, Nigeria’s crude oil production rose about 5.7 per cent in January 2025, compared to the same period in 2024, as the country continues to battle oil theft, asset vandalism and revamp oil wells that have been dormant for years.
New data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that while oil and condensate production was 1.643 million barrels in January 2024, it grew to 1.737 million bpd as of January 2025.
According to the NUPRC data, in January this year, production came mainly from Bonny (7.57 million barrels); Brass (1.050 million barrels); Qua Iboe (4.63 million barrels); Forcados (8.86 million barrels); Excravos (4.48 million barrels); Odudu (2.33 million barrels) and Tulja-Okwuibome (2.26 million barrels).
Nigeria’s oil production has seen a gradual increase in recent months, signaling a potential recovery for the country’s struggling energy sector.
As Africa’s largest oil producer, Nigeria’s economy is deeply tied to crude oil, which accounts for the majority of its export earnings and government revenue.
The rise in production comes amid ongoing efforts to combat oil theft, improve security around pipelines, and attract foreign investment into the sector. However, challenges remain, including aging infrastructure and the global shift towards renewable energy.
