Photo Credit:Punch Newspapers
Nigeria’s crude oil production increased by 35,000 barrels per day in November, according to new data from industry trackers. The rise reflects modest gains from improved security in some fields and ongoing efforts to tackle theft and pipeline vandalism.
While still below the country’s full capacity and official quota, the uptick offers slight relief for government revenues and foreign‑exchange inflows. Analysts caution, however, that sustained recovery will require deeper reforms, including infrastructure upgrades, better metering and stricter enforcement against illegal bunkering.
Source: Punch Newspapers – 12 Dec 2025
2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12