Nigeria's March oil output up to 1.38 mbpd as February data show 1.51 mbpd and NNPC remittances

Nigeria’s crude oil output rose to 1.38 million barrels per day in March, a 5.25% increase from 1.31 mbpd in February, according to OPEC’s monthly oil market report. The figures suggest output is recovering, per direct communications with Nigerian authorities.

A separate February report from Nigerian National Petroleum Company Limited (NNPC Limited) shows crude oil and condensate production averaged 1.51 mbpd in February 2026, while remittances to the Federation Account totaled N1.804 trillion in the same period. The report notes pipeline disruptions during that month.

Together, the figures illustrate Nigeria’s monthly production dynamics as recorded by both OPEC and NNPC Limited, with the February update also highlighting remittance activity to the Federation Account amid ongoing pipeline disruptions.