Meanwhile, official operational statistics revealed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that each day crude oil losses, which fell to a five-year low of 9,100 bpd in 2025, rose by 93.4 per cent to 17,600 bpd between January and July 2026.
The figures in the fee’s fifth anniversary publication, ‘The Upstream Gaze’, highlighted each progress in curbing crude theft and the continued problem of defending oil manufacturing and transportation infrastructure.
According to the info, each day losses declined from 102,900 bpd in 2021 to 55,000 bpd in 2022, representing a 46.5 per cent discount. The downward development continued in 2023 when losses dropped to 22,900 bpd, earlier than falling additional to 11,200 bpd in 2024 and 9,100 bpd in 2025.
The federal authorities attributed the reduce in crude losses to the mixed efforts of the army, native pipeline surveillance teams in the Niger Delta, and the introduction of recent crude measuring gadgets in the area.
The figures confirmed that Nigeria’s complete liquid hydrocarbon manufacturing, comprising crude oil and condensate, progressively recovered from the lows recorded in latest years.
Output averaged 1.63 million bpd in the primary seven months of 2026, in contrast with 1.62 million bpd in 2025, 1.56 million bpd in 2024, 1.47 million bpd in 2023 and 1.38 million bpd in 2022. Production stood at 1.62 million bpd in 2021, the NUPRC knowledge highlighted.
Crude oil manufacturing alone averaged 1.46 million bpd in the interval beneath overview, up from 1.43 million bpd in 2025, 1.35 million bpd in 2024, 1.24 million bpd in 2023 and 1.14 million bpd in 2022. The determine for 2021 was 1.31 million bpd.
In distinction, blended condensate manufacturing continued its downward development, averaging 170,000 bpd in the primary seven months of 2026, in contrast with 190,000 bpd in 2025, 210,000 bpd in 2024, 230,000 bpd in 2023, 240,000 bpd in 2022, and 310,000 bpd in 2021.
The gradual enchancment in crude manufacturing additionally coincided with a major shift in how the nation allocates its oil, significantly the rising share equipped to home refineries as Nigeria expands its native refining capability.
Supply to home refineries climbed to 460,000 bpd in the primary seven months of 2026, up from 280,000 bpd in 2025, 220,000 bpd in 2024, 20,000 bpd in 2023, and simply 10,000 bpd in 2022. Domestic refinery provide was nearly non-existent in 2021.
At 460,000 bpd, native refineries accounted for about 29 per cent of the 1.61 million bpd in complete crude oil lifted in the course of the interval. The allocation represented a 64.3 per cent enhance over the 280,000 bpd equipped to home refineries in 2025, underscoring rising demand for regionally processed crude.
Similarly, the shift coincided with a decline in crude accessible for export, as the federal government struggled to meet native provide. Average each day crude exports fell to 1.15 million bpd in the primary seven months of 2026, from 1.33 million bpd in 2025; 1.31 million bpd in 2024; 1.47 million bpd in 2023; 1.32 million bpd in 2022 and 1.51 million bpd in 2021.
The newest export figures had been down 13.5 per cent from the 2025 stage and 23.8 per cent from the 2021 quantity.
In the identical vein, complete crude lifting averaged 1.61 million bpd in the primary seven months of 2026, marginally beneath the 1.62 million bpd recorded in 2025. The figures instructed that the rising allocation to home refineries has been accompanied by a discount in export volumes, relatively than a comparable enhance in complete crude lifted.
