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Nigeria’s Crude Oil Output Rises to 1.38mbpd in March — OPEC

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Nigeria’s crude oil production increased to 1.38 million barrels per day (bpd) in March 2026, according to the latest report by the Organization of the Petroleum Exporting Countries.

The figure, based on direct communication with Nigerian authorities, represents a 5.25 per cent rise from the 1.31 million bpd recorded in February.

Despite the improvement, Nigeria’s output remains about 117,000 bpd below its OPEC production quota of 1.5 million bpd.

Data from secondary sources, including independent energy intelligence platforms, placed Nigeria’s production slightly higher at 1.46 million bpd for the same period, reflecting variations in reporting methodologies.

Nevertheless, Nigeria retained its position as Africa’s leading oil producer in March, surpassing Libya, which recorded an output of 1.30 million bpd.

The modest recovery comes amid persistent operational and structural challenges that have affected production levels in recent months.

Globally, crude oil output across the OPEC alliance declined significantly, dropping by 7.88 million bpd in March to an average of 20.79 million bpd. The sharp decline—one of the most notable in decades—has been largely attributed to geopolitical tensions and disruptions linked to ongoing conflict.

On the domestic front, Nigerian authorities have reported higher production figures in early April. The Nigerian Upstream Petroleum Regulatory Commission estimated output at 1.84 million bpd, while the Nigerian National Petroleum Company Limited put production at 1.71 million bpd.

These discrepancies highlight the challenges of real-time data tracking in a volatile market environment.

For Nigeria, the key priority remains bridging the gap between actual production and its OPEC quota in order to maximise revenue opportunities amid shifting global oil dynamics.

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NISER,​‌‌⁠‍​​‍⁠⁠‍‌⁠‍⁠‌​​⁠‌​ IWMI Seek Urgent Reforms To Fix Nigeria’s Agricultural System

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By Suleiman Shehu

The Nigerian Institute of Social and Economic Research (NISER) and the International Water Management Institute (IWMI) say Nigeria must urgently reform its agriculture to boost productivity and tackle food crises.

The institutions made the call at a stakeholders’ seminar and validation roundtable in Ibadan on Thursday.

The seminar, themed “Strengthening Nigeria’s Agrifood Knowledge and Innovation System for Demand-Driving Scaling (AKIS-DS), was organised by NISER in collaboration with IWMI.

It was organised under the CGIAR’s Scaling for Impact program.

The News Agency of Nigeria (NAN) reports that the AKIS-DS initiative seeks to understand how Nigeria’s agricultural knowledge and innovation system works.

This includes the roles and relationships among research institutions, extension and advisory services, government agencies, private sector and farmer organisations.

NISER Director-General (DG), Prof. Antonia Simbine, said Nigeria’s persistent food inflation and rising food insecurity show the need to reform agricultural knowledge and innovation systems.

Simbine said it was unacceptable that Nigeria’s agriculture continues to face high food inflation and insecurity.

According to her, the sector contributes approximately 28 per cent of Gross Domestic Product (GDP) and employs 50 per cent to 70 per cent of the rural workforce.

Simbine emphasised that Nigeria’s food crises should not be exclusively attributed to prevailing conflicts and global developments, saying longstanding structural weaknesses in the agricultural sector also contribute significantly.

She said the predominance of smallholder farmers cultivating less than two hectares, heavy dependence on rain-fed agriculture, outdated farming technologies and post-harvest losses were among the factors undermining food production.

The DG also identified climate change and insecurity across major food-producing communities as critical challenges confronting the agricultural sector.

She was concerned that insecurity had disrupted farming activities and forced many rural residents to abandon their communities in states such as Plateau and Benue, recognised for their agricultural contributions.

Simbine called for improved agricultural research, modernisation of fertiliser practices, sustainable land management, mechanisation and infrastructural investment to boost productivity.

She emphasised the need to accelerate the adoption of climate-smart and digital agricultural technologies, reminding research institutions of their responsibility to generate relevant innovations and ensure they reach smallholder farmers.

The IWMI Country Focal Point in Nigeria, Dr Charity Osei-Amponsah, said developing agricultural technologies alone without effective mechanisms to ensure innovations reach the intended beneficiaries was inadequate.

Osei-Amponsah said agricultural technologies must reach the right users, particularly smallholder farmers, and be adopted and used effectively to improve productivity and access to markets and finance.

She further stressed the importance of replicating successful innovations across different farming communities and states to expand their impact.

Osei-Amponsah maintained that stronger collaboration among agricultural stakeholders, improved knowledge-sharing mechanisms and institutional reforms were necessary to ensure research findings translated into practical benefits for farmers.

In his presentation, IWMI intern, Mr Mubaraq Owolabi, identified the need to strengthen connections among research institutions, extension services, farmers and financial institutions.

Owolabi further said that ensuring a monitoring and evaluation system would strengthen Nigeria’s agricultural innovation.

“Strengthening these institutional linkages and promoting effective coordination among stakeholders are essential to ensuring that agricultural research translates into practical benefits for farmers in Nigeria,” he said. (NAN)

Edited by Moses Solanke

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2027: ‘Will he cancel South-South Commission’ – Oshiomhole questions what Peter Obi will do differently

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Oshiomhole (2)

Edo North Senator, Adams Oshiomhole, has questioned what the Nigerian Democratic Congress, NDC, presidential candidate, Peter Obi, will do differently from what President Bola Tinubu will do for the people of Akwa Ibom State.

Speaking at the All Progressives Congress, APC, presidential campaign rally in Uyo on Friday, Oshiomhole asked if Obi would cancel the South-South Development Commission.

He said the commission was created by President Bola Tinubu to bring development to the South-South, adding that it is for Akwa Ibom, Cross River, Rivers, Bayelsa, Delta and Edo States

According to him, Tinubu did not just create the commission on paper but also funded it, adding that thousands of children from poor homes in Akwa Ibom are in university because of the student loan.

"When Peter Obi comes, ask him, will you cancel the South-South Development Commission? Ask him, will you keep it or will you cancel it? If he says he will cancel it, you will know he came to deceive you.

"Ask him, will you bring back multiple exchange rates where only the connected get dollars cheap? If Peter Obi could not fix Anambra State in eight years, how can he look you korokoro in the eye and say he will do it in four years? He just wants turn-by-turn democracy,” Oshiomhole claimed.

2027: ‘Will he cancel South-South Commission’ – Oshiomhole questions what Peter Obi will do differently

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