Nigeria's crude oil production crashed by 24.73 percent in September 2022 to 937,766 barrels per day, compared to 1.246 million barrels per day recorded over the corresponding month in 2021, the latest data from the Federal Government has shown.

According to data released by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, crude and condensate production for September 2022 was 1.137 million barrels per day, compared to 1.179 million barrels produced in August 2022.

With the country battling to curb the activities of oil thieves and pipeline vandals that have crippled its oil industry, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mr. Mele Kyari has explained that what is stolen is not the difference between OPEC quota and the production figure.

Kyari disclosed that all major oil trunk lines have been shut down due to the activities of oil thieves and pipeline vandals.

Concerned by dwindling oil production, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has expressed its determination to take bold and revolutionary steps, using a non-kinetic approach, to address the challenges of crude oil theft, improve national crude oil production and save the country’s economy from further degeneration.