Nigeria’s total oil production rose by 2.2 per cent in May, increasing to 1.70 million barrels per day (bpd), with crude oil output surpassing the country’s OPEC quota for the first time in 2026.

Nigeria Backs OPEC’s Capacity Review as Cartel Raises Output

Nigeria's crude oil production surpassed its OPEC quota in May 2026, reaching a 15-month high. This boost in Nigeria oil production strengthens its positio