According to reports, Nigeria increased its production to 1.3 million barrels per day in May 2023 from 1.1 million barrels per day in April 2023, reclaiming the top spot as Africa’s top crude oil producer.
This is in accordance with the information on crude oil output for the month of May 2023 that was made public by the Organization of Petroleum Exporting Countries (OPEC)
The group acknowledged that the estimate was based on data it obtained from secondary sources in its June 2023 Monthly Oil Market Report.
