BREAKING: Nigeria’s oil production hits1.235 mb/d — OPEC
. As Nigeria beats Angola to become Africa’s highest producer
By Eyo Nsima
Nigeria’s oil production has risen by four percent month-on-month, MoM, to 1.235 million barrels per day, mb/d in December 2022, from 1.186 mb/d in November last year
However, on year-on-year, YoY, Nigeria’s oil production also increased to 1.235 mb/d in December 2022, from 1.197 mb/d in the corresponding period of 2021.
According to the Organisation of Petroleum Exporting Countries, OPEC, January 2023 Monthly Oil Market Report, MOMR obtained by The Daily, www.theedaily-ng.com, Nigeria beat Angola produced 1.088 mb/d in December 2022, to become the highest African-producing nation.
