OPEC sets Nigeria’s crude oil production for 2025 at 1.5million bpd despite Nigerian govt 1.78 bpd8

By: Babajide Okeowo

The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries and its allies (OPEC+) has pegged Nigeria’s crude oil production quota for 2025 at 1.5 million barrels daily.

This is against the production benchmark of 1.78mbpd set by the Federal Government