Updated
Updated · Business Insider Africa · Apr 28
Nigeria crude oil production reaches five-year high of 1.71 million barrels per day
Updated
Updated · Business Insider Africa · Apr 28

Nigeria crude oil production reaches five-year high of 1.71 million barrels per day

8 articles · Updated · Business Insider Africa · Apr 28
  • NNPC reports that between April 2025 and April 2026, production hit 1.71 million bpd, supported by infrastructure upgrades and sustained gas output of 7.5 billion standard cubic feet per day.
  • Key projects, such as the Ajaokuta-Kaduna-Kano pipeline crossing and expanded gas deals with Dangote Cement and Refinery, improved supply reliability and domestic gas utilisation.
  • NNPC also consolidated its 7.25% stake in Dangote Refinery, introduced governance reforms, and enhanced transparency, aiming to boost investor confidence and expand Nigeria’s oil and gas production capacity.
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With $24 billion in new investments, has Nigeria finally defeated its oil thieves?
Why must Nigeria’s new mega-refinery buy its own country's oil from abroad?
Is NNPC's new corporate structure truly transparent or just a rebranding exercise?