BREAKING: Nigeria’s Oil Output Surges 9.9% in July, Hits 1.71 Million Barrels Per Day

BREAKING: Nigeria’s Oil Output Surges 9.9% in July, Hits 1.71 Million Barrels Per Day

Nigeria’s crude oil production experienced a significant boost in July 2025, averaging 1.71 million barrels per day (bpd), marking a 9.9% increase compared to July 2024. This figure includes 1.507 million bpd of crude oil and 204,864 bpd of condensates, as reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) [1] .

This surge represents the highest output in six months and indicates a steady recovery in the oil sector, which is crucial for Nigeria’s economy. The increase is attributed to improved security measures in the Niger Delta region, where most of the country’s oil infrastructure is located. The Nigerian National Petroleum Corporation (NNPC) announced that pipeline theft has been nearly eliminated due to coordinated efforts by national defense and intelligence agencies [2] .

The enhanced security has not only boosted oil output but also improved investment prospects. The national oil regulator projects that production could exceed 2.5 million bpd next year—a level not seen since 2005. This optimistic outlook is further supported by international investments, such as ExxonMobil’s plan to invest $1.5 billion in its deepwater oil operations in Nigeria [3].
This development is a positive sign for Nigeria’s economy, potentially leading to increased revenue and job creation. However, it also underscores the importance of maintaining security and transparency in the oil sector to sustain this growth.

For more updates on Nigeria’s economic developments, visit www.selemedia.org.

Citations:

1. Nairametrics: nairametrics.com/2025/08/26/nigerias-oil-output-records-9-9-year-on-year-surge-in-july-2025-nuprc/?utm_source=chatgpt.com
2. Reuters: www.reuters.com/business/energy/nigerias-nnpc-says-pipeline-theft-has-been-nearly-eliminated-2025-08-25/?utm_source=chatgpt.com
3. Reuters: www.reuters.com/business/energy/exxon-plans-15-billion-investment-nigerian-oilfield-2025-05-07/?utm_source=chatgpt.com