Nigeria don lose spot as Africa top crude oil producer to Angola
Nigeria don lose place as Africa Crude oil producer to Angola following di drop in production.
Dis update dey revealed by di Organization of Petroleum Exporting Countries, OPEC, for di April 2023 Monthly Oil market report.
OPEC yarn say di 13 member kontri crude oil production average 28.60 million barrels per day for di period under review, representing a 191,000 barrels per day decline month-on-month.
Also, e yarn say crude oil output jump mainly for Saudi Arabia, Angola and Iran, while production dropped for Iraq and Nigeria.
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Di report show say Angola record 1.06 million barrels per day of crude production for April 2023.
Meanwhile, according to di Nigerian Upstream Petroleum Regulatory Commission, NUPRC, di kontri crude oil production drop to 998,602 bpd in April 2023, representing a 21.26 per cent reduction compared to March.
Nigeria April crude oil production volume bin dey for di lowest for di last seven months.
Last August and September last year na di last time crude oil production output appreciate.
Di government and stakeholders don attribute di hike in oil theft for di oil-producing region of di Niger Delta to di drop.
You fit go read di tori as Nigeria Crude oil production drop…READ MORE
