Oil output drops to 1.51mbpd in February as NNPC remits N1.804trn

Apr 13, 2026 - 09:00
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Oil output drops to 1.51mbpd in February as NNPC remits N1.804trn
Crude oil and condensate fell to an average of 1.51 million barrels per day (mbpd) in February 2026, even as the Nigerian National Petroleum Company Limited (NNPC Ltd) remitted N1.804 trillion to the Federation Account. The NNPC’s February Monthly Report Summary released on Saturday attributed the production dip to the Trans Forcados Pipeline outage due […]

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