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Nigeria Hits OPEC Quota Again, Fiscal Gains Remain Elusive

Nigeria met and marginally exceeded its OPEC production quota for a third straight month in July 2026, but energy analysts say the achievement offers little fiscal relief as most of the oil is already committed before it is sold. Data from the Nigerian Upstream Petroleum Regulatory Commission showed crude output at 1.505 million barrels per!-->!-->!-->!-->!-->…

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