2026.05.2513:00:00UTC+00Nigeria’s Oil Output Slips to 1.55M bpd in Q1 2026, Marking Mild Downturn

Nigeria’s oil production edged lower in the first quarter of 2026, with output easing to 1.550 million barrels per day (bpd), down from a previous level of 1.580 million bpd. The change, though modest, signals a minor retreat in production at the start of the year.

Both the previous and current indicators are reported for the first quarter of 2026, indicating that the latest figure of 1.550M bpd represents the most recent assessment within that period. The updated data, released on 25 May 2026, confirm this slight decline in Nigeria’s crude output, a closely watched metric for Africa’s largest oil producer and a key input for regional and global energy market analysis.