Nigeria’s oil production increased month-on-month by 1.9 per cent from 1.235 million barrels per day recorded in December 2022 to 1.258 mb/d per day in January 2023.

The Organisation of Petroleum Exporting Countries revealed this on Tuesday, in its February 2023 Monthly Oil Market Report.

According to the report, Nigeria surpassed Angola that produced 1.050 mb/d to become Africa’s leading producer while Equatorial Guinea came last with 55,000 barrels per day during the period.