Nigeria falls short of 2025 oil production target despite N55.5tn earnings from crude

[Hallmark - Nigeria] - 29/01/2026

Nigeria failed to meet its 2025 crude oil production target, producing 530.41 million barrels of crude, well below the 766.5 million barrels projected in the year’s budget, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The shortfall of 166.86 million (…)

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