Nigeria continues to produce the most oil in Africa, reaching 1.4 million barrels per day (OPEC).
Nigeria has remained the highest African oil producing and exporting nation as its oil output rose month-on-month by 7.7 per cent to 1.4 million barrels per day in December 2023, from 1.3 million bpd recorded in November 2023. The Organisation of Petroleum Exporting Countries, OPEC, disclosed this in its Monthly Oil Market Reports, MOMRs. According to the January 2024 MOMR, although based on secondary data, Nigeria remains the highest African […]
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