PERSPECTA

News from every angle

Back to headlines

Nigeria loses oil revenue due to low production

Nigeria reportedly lost an estimated $839.22 million in oil revenue in the first four months of 2026, failing to meet its 1.5 million barrels per day OPEC quota. Low production levels are undermining the benefits of high crude oil prices for the nation.

15 Jun, 01:24 — 15 Jun, 01:24
PostShare