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NUPRC reports Daily oil losses drop to lowest in 16 years.
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It credits reforms under Petroleum Industry Act.
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Losses fall 94% from peak levels in 2021.
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil losses have dropped to 9,600 barrels per day, marking the lowest figure in nearly 16 years.
The commission’s latest report shows that from January to July 2025, total crude losses stood at 2.04 million barrels, representing a 50.2 per cent decline from the 4.1 million barrels lost in the entire 2024 calendar year.
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The trend reflects a dramatic turnaround from 2021, when losses peaked at 37.6 million barrels, averaging 102,900 bpd. By contrast, the 2025 figures mark a 94.57 per cent reduction.
It emojasised the impact of tighter regulatory control, enhanced security surveillance, and reforms introduced under the Petroleum Industry Act (PIA) of 2021.
NUPRC Chief Executive, Engineer Gbenga Komolafe, said in a statement that collaborative measures with security agencies, oil operators, and local communities have been central to the results.
“Our collaborative efforts with security agencies, operators, and communities, combined with strategic regulatory interventions, are yielding tangible results,” he declared.
READ ALSO: Nigeria Sets 2026 Oil Output Target at 2.5m Barrels Daily – NUPRC
The Commission said it has implemented a mix of kinetic and non-kinetic strategies, from reinforcing oilfield security to improving transparency and metering audits.
It further revealed the approval of 37 new crude oil evacuation routes as part of efforts to minimise theft and safeguard production.
Industry watchers note that the sharp drop in losses is likely to boost government revenue, restore investor confidence, and reinforce Nigeria’s role in the global oil market.
Analysts suggest that continued reforms could consolidate these gains and strengthen long-term energy security.
