Nigeria, April 14 -- The new figure marks an improvement from 1.31 million barrels per day posted in February, showing gradual progress in efforts to stabilize output despite persistent challenges in the sector. However, production still fell short of Nigeria's allocated quota of 1.5 million barrels per day.
Independent estimates put Nigeria's output even higher, at 1.46 million barrels per day, reflecting the usual gap between official submissions and secondary market assessments.
Although output growth is a good indicator for Africa's largest oil producer, pipeline constraints, theft, underinvestment, and operational disruptions still limit Nigeria's ability to fully meet its production objective, The News Chronicle notes.
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