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Macroeconomy
OIL AND GAS
Nigeria’s oil production: We must do more
Vanguard
Jul 3, 2026 · 00:50 WAT
Nigeria's crude oil production has recorded a gradual recovery to approximately 1.66 million barrels per day. Despite this progress, structural challenges such as oil theft, pipeline vandalism, and the exit of international oil companies continue to limit the country's full economic potential.