Alama ReportNiger
Niger · From Edition № 002 · Energy, oil & gas

Niger's second-quarter oil receipts reach 155bn FCFA, above forecast

155bn

Oil generated 155.48bn FCFA (€237mn) for Niger's Treasury in the second quarter of 2026, nearly 32bn FCFA (€48.8mn) more than forecast, private daily L'Enquêteur reported on October 21, citing a government report, according to a Nigerdiaspora press review. Petroleum minister Hamadou Tini said in June that direct oil revenue more than doubled to 453.8bn FCFA (€692mn) in 2025 from 224bn FCFA (€341mn).

Analysis: Second-quarter oil receipts were about 37% higher than the 2025 quarterly average, by our calculation, underscoring the growing contribution of petroleum to state revenue. In 2025, oil income equaled about 29% of total revenue and grants of 1.56tn FCFA (€2.38bn), as estimated by the BCEAO. Budget payments and government debt servicing therefore depend partly on oil revenue. However, the source report has not been made available online and does not specify the forecast used for comparison. The government's unpublished 2027 budget assumptions will be important for assessing how much oil income it expects.

Source: Nigerdiaspora (private aggregator), Nigerdiaspora, 'Revue de presse nigérienne du 19 au 25 octobre 2026', October 25, 2026, summarizing L'Enquêteur of October 21, 2026, which cites a government report, Q2 2026; Nigerdiaspora (private aggregator), As above, Q2 2026; Burkina24 (private online press, Burkina Faso), Burkina24, 'Niger : Les recettes pétrolières explosent et dépassent 450 milliards FCFA', June 13, 2026 (interview with petroleum minister Hamadou Tini), 2025; Burkina24 (private online press, Burkina Faso), Burkina24, June 13, 2026 (as above), 2024; UMOA-Titres (BCEAO regional agency), UMOA-Titres, Bulletin des statistiques du Marché des Titres Publics T3 2026 (42e numéro), 2025

Euro equivalents use the fixed parity of 655.957 FCFA per euro. Every figure comes from the official source named under it. Spotted an error? Write to info@alamareport.com; corrections run in the next issue.

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