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Nigeria meets its OPEC target, but its budget still has oil problem

It remains correct to assert that Nigeria has met and slightly exceeded its OPEC crude oil quota of 1.50 million bpd for three consecutive months (May, June, and July 2026). Using

Kalu AjaAugust 14, 20261 min read
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It remains correct to assert that Nigeria has met and slightly exceeded its OPEC crude oil quota of 1.50 million bpd for three consecutive months (May, June, and July 2026). Using the latest July numbers, we can see that crude production averaged 1.505 million barrels per day.

The post Nigeria meets its OPEC target, but its budget still has oil problem appeared first on Nairametrics.

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