Nigeria’s crude oil production inched up to 1.401 million barrels per day (bpd) in October, from 1.39 million bpd in September, according to the OPEC Monthly Oil Market Report (MOMR) released on Wednesday.

Despite the increase, Nigeria fell short of its OPEC quota for the third straight month. The country last met its target in July 2025, underscoring ongoing challenges with output recovery despite renewed investments and government efforts.

OPEC data shows Nigeria averaged 1.444 million bpd in Q3 2025, down from 1.481 million in Q2. The report also noted that global oil supply exceeded demand by 500,000 bpd in October, driven mainly by higher non-OPEC output, particularly from the United States.

Nigeria’s Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has announced plans to request a higher production quota of 2 million bpd, citing new drilling activities, revived oil fields, and increased investments by international oil companies.

With ongoing refinery rehabilitation, private refinery projects, and upstream expansion, Nigeria may be set for stronger oil performance in 2026 — if it can sustain security and infrastructure improvements.