Connect with us

Business

Nigeria surpasses OPEC oil quota as production hits 15-month high

info

Published

on

Thumbs b c 815329508b9f387eda70839ac6a30868 696x392 1.jpg

MTN ADVERT

Nigeria’s crude oil production topped its Organisation of the Petroleum Exporting Countries (OPEC) quota in May, reaching its pinnacle in 15 months and cementing its position as Africa’s leading oil producer.

Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed the country produced an average of 1.53 million barrels of crude oil per day (bpd) during the month.

With a condensate production of 170,446 bpd included, the commission put Nigeria’s average total hydrocarbon output at 1.7 million bpd.

“Nigeria’s oil production witnessed an upswing in May 2026, averaging 1,530,354 barrels of crude oil and 170,446 barrels of condensates per day, bringing the total combined production to 1,700, 800 barrels per day and consolidating Nigeria’s position as Africa’s largest oil producer,” NUPRC said in a statement on Thursday.

The figure represents 102 per cent of Nigeria’s OPEC production quota of 1.5 million bpd, according to the regulator.

PT WHATSAPP CHANNEL

The latest performance marks a significant milestone for the country’s oil sector, with total production standing at its peak since last July, when the combined crude oil and condensate output reached 1.71 million bpd.

With the figure for condensates excluded, the 1.53 million bpd in May represents Nigeria’s strongest performance since January 2025, when output touched 1.538 million bpd.

The May figure also represents a 15-month high for crude oil production, excluding condensates.

While Nigeria’s oil production continues to witness significant growth, oil rich communities from the country’s Niger Delta region are grappling with unprecedented levels of oil and gas pollution amidst renewed exploration targets.

Remediation efforts across the region have been conspicuously slow, raising concerns over the country’s refusal to prioritise the welfare of the residents of the region.

Production rises month-on-month

Crude oil production (excluding condensates) in May increased by 2.8 per cent from 1.48 million bpd a month earlier.

The trend has remained positive over the past five months. Combined crude oil and condensate production rose from 1.48 million bpd in February to 1.54 million bpd in March, 1.66 million bpd in April and 1.7 million bpd in May.

The steady rise suggests sustained improvements in operational efficiency across the upstream sector, despite the ongoing challenges facing the global oil market.

READ ALSO: UPDATED: UAE withdraws from OPEC, OPEC+

Among Nigeria’s major production streams, Bonny Terminal recorded the highest output, contributing 293,870 bpd.

Forcados Terminal followed closely with 289,900 bpd, while Qua Iboe produced 173,360 bpd.

Escravos Oil Terminal accounted for 135,470 bpd, while Odudu (Amenam Blend) completed the top five production streams with 63,250 bpd.

Improved operations

The NUPRC attributed the improved production performance to stable operations across the industry.

According to the commission, there were no significant pipeline disruptions or facility outages during the period under review.

It also noted that all the previously scheduled turnaround maintenance programmes have been successfully completed, contributing to improved operational reliability and higher production efficiency.

The latest figures could boost government revenues and strengthen confidence in the ongoing efforts to raise Nigeria’s oil production capacity, which has been constrained in recent years by crude theft, pipeline vandalism and operational challenges.

With output now above its OPEC quota, attention will turn to whether the country can sustain the momentum in the coming months.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

NCAA suspends operator’s permit after aircraft lands on roadway near Asaba

info

Published

on

By

HHVnZA WQAAhKGz.jpeg

MTN ADVERT

The Nigeria Civil Aviation Authority (NCAA) has ordered the grounding of a privately operated aircraft, and suspended the operator’s Permit for Non-Commercial Flight (PNCF) after it landed on a roadway near Asaba, before departing the area without regulatory clearance.

The incident occurred on Wednesday morning in the Ogwashi-Uku area, close to Asaba Airport.

In a statement by its director of public affairs and consumer protection, Michael Achimugu, the aviation industry regulator said preliminary information showed the aircraft encountered difficulties during an attempt to land at Asaba Airport, and subsequently executed a missed approach.

“Reports from officials at the scene indicate that all occupants exited the aircraft safely and were conveyed to Asaba by road,” Mr Achimugu said.

According to the NCAA, the aircraft had four crew members on board at the time of the incident.

PT WHATSAPP CHANNEL

The regulator, however, expressed concern that the aircraft later took off from the location and returned to Lagos, without securing the required approval from aviation authorities.

Traffic control officials were informed only after the aircraft had already departed, the authority noted, an action it described as a breach of the Nigerian Civil Aviation Regulations.

The NCAA has directed that the aircraft be grounded immediately on its arrival in Lagos, and has placed the flight crew under regulatory review pending the outcome of ongoing investigations.

ALSO READ: Airline operators reject NCAA debt claims, seek review of ticket charges

It disclosed that the Nigerian Safety Investigation Bureau has been notified of the development, adding that it is teaming up with relevant stakeholders, including the aircraft operator and the Nigerian Airspace Management Agency (NAMA), to ascertain the circumstances surrounding both the landing and the subsequent departure.

The investigation will examine the aircraft’s operational records, airworthiness status, maintenance history and other flight-related documentation, with the possibility of taking additional enforcement measures in the event that violations of aviation rules are established.

The incident comes amid increased regulatory scrutiny in the Nigerian aviation sector, where authorities have repeatedly emphasised the need for strict compliance with safety procedures and operational regulations.

The NCAA said it remains committed to ensuring the highest standards of safety, security and regulatory compliance within the industry.


Continue Reading

Business

Plateau State Inducts NG-CARES Staff Into Civil Service, Emphasizes Performance-Driven Governance

info

Published

on

By

IMG 20260610 WA0060 1.jpg

The Plateau State Government, in collaboration with the World Bank under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) programme, has commenced a two-day orientation and induction workshop for newly absorbed NG-CARES staff into the state civil service.

The workshop, organised by the Plateau State CARES Coordinating Unit (PL-SCCU), is holding from Wednesday, June 10 to Thursday, June 11, 2026, at the Millennium International Conference Centre, opposite Solomon Lar Amusement Park, Jos.

The programme, which also featured participants drawn from various backgrounds, is aimed at integrating contract staff into the formal civil service structure while strengthening their understanding of public service rules, ethics, and performance expectations.

Img 20260610 wa0064

Speaking during the opening session, the State Coordinator of NG-CARES, Dr. Haggai Gutap, said the absorption of staff into the civil service was a deliberate policy by the state government to retain trained human capital and avoid the recurrent loss of skilled personnel after programme cycles.

He explained that previous World Bank-supported interventions often relied on contract staff who were disengaged after project completion, leading to the loss of institutional capacity. According to him, the current approach ensures sustainability and continuity in governance.

“This set of people have been trained over the years, and letting them go would mean incurring losses as a state. The Governor believes in human capital development and has approved their absorption to retain their expertise,” he said.

Dr. Gutap further noted that the NG-CARES programme operates on a results-based financing model, where disbursements from the World Bank are tied strictly to performance outcomes, stressing the need for efficiency, teamwork, and adherence to operational guidelines.

He added that the state is transitioning into NG-CARES 2.0, aimed at consolidating achievements and maintaining Plateau State’s leading position in programme implementation nationwide.

Img 20260610 wa0063

Delivering the keynote address, the Chairman of the Plateau State Civil Service Commission, Prof. Paul S. Wai, described the induction as a significant milestone, noting that absorption into the civil service goes beyond employment to becoming part of a structured system guided by rules, values, and institutional traditions.

He urged the new officers to uphold professionalism, integrity, accountability, loyalty, and discipline, stressing that ignorance of civil service regulations is not an excuse for non-compliance.

“The Civil Service remains the permanent machinery of government. Your success depends on your competence, dedication, and adherence to established rules and procedures,” he said.

Prof. Wai further encouraged continuous learning, merit-based progression, and result-oriented performance, noting that government expects improved service delivery and innovation from civil servants.

He also commended the administration of Governor Barr. Caleb Manasseh Mutfwang for its commitment to building a professional, technology-driven civil service and for absorbing qualified NG-CARES personnel into the system.

Img 20260610 wa0058

In a goodwill message, the representative of the Head of Civil Service and Permanent Secretary, Ministry of Women Affairs and Social Development, Mrs. Rebecca Shaset, described the initiative as timely, noting that the civil service is governed strictly by rules and procedures.

She urged the newly inducted staff to demonstrate accountability, competence, dedication, and commitment to duty in order to build public confidence in government institutions.

“As civil servants, you must comply with the rules and show dedication to effectively deliver services to the public,” she said.

Also speaking, Mrs. Gladys Lircit Sodo, Deputy Director (Administration), Plateau State Ministry of Finance, who represented the Commissioner for Finance and Chairperson of the State Steering Committee on NG-CARES, encouraged participants to engage actively in the training, share experiences, and prepare for effective programme implementation.

She commended the organisers for equipping the new staff with the necessary orientation, describing NG-CARES as a critical intervention programme requiring commitment and readiness for impact-driven delivery.

The workshop, supported by the World Bank through World Bank and implemented under the NG-CARES framework, is expected to strengthen institutional capacity and enhance service delivery in Plateau State’s public service system.

Img 20260610 wa0059

Continue Reading

Trending