The Organisation of the Petroleum Exporting Countries (OPEC) has maintained Nigeria’s crude oil production quota at 1.5 million barrels per day (bpd) until December 2026, reaffirming a previous decision taken in late 2024.
The extension was announced after the 40th OPEC and non-OPEC Ministerial
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.