Nigeria failed to meet the Organization of Petroleum Exporting Countries’ 1.8 million barrels per day oil production target for February 2022.
According to the Monthly Oil Market Report released by OPEC on Tuesday, the country produced 1.258 million barrels per day.
According to the PUNCH, Nigeria missed its crude oil output target for January 2022, pumping 1.46 million barrels per day versus the OPEC-approved target of 1.683 million bpd.