Nigeria is estimated to have lost about $2.7 billion or N426 billion from decline in crude oil production in the last quarter of 2012 - October to December, even as it earned $16.075 billion or N2.54 trillion from crude oil export in the same period.
Nigeria: Nigeria Loses U.S.$2.7 Billion to Oil Production Decline
Vanguard (Lagos), 26 February 2013
Nigeria is estimated to have lost about $2.7 billion or N426 billion from decline in crude oil production in the last quarter of 2012 - October to December, even as it earned $16.075 billion or N2.54 trillion from crude oil export in the same period.
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