Nigeria loses top producer crown for first time since 2017

Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.

Nigeria loses top producer crown for first time since 2017 Country’s output constrained by crude theft and vandalism

Angola’s average daily output in August of 1.17 million barrels was more than Nigeria’s at 1.13 million barrels, according to Bloomberg’s survey of monthly OPEC output. The last time that happened was in April 2017 when both nations were pumping about 500,000 barrels a day more, the same data show.

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