Oil
Nigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRC
CEII brief
Nairametrics reported on 5 Nov 2026: Nigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRC.
Read the full story on NairametricsNigeria recorded 3.33 million barrels of crude oil theft in 2025, with about 66% of the reported volume occurring in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Nairametrics. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.