By Olumide Johnson Nigeria’s crude oil production declined to 1.31 million barrels per day (mbpd) in February, according to data released by the Organisation of the …
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OPEC
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EconomyEnergy
Nigeria’s N55.5trn Oil Windfall Hides Output Failures
by StakeBridgeby StakeBridge 5 minutes readNigeria earned N55.5trillion from crude in 2025, but gains were price-driven, not volume-driven, highlighting structural production weaknesses and underperformance against OPEC quotas. Nigeria earned an estimated …