Nigeria Earned Billions From Crude Oil in 53 Years - Report
The National Bureau of Statistics said a total 32,70 billion barrels of crude oil valued at approximately U.S.$ 330 billion has been produced between 1961 and 2014. Despite, the huge resources earned from petroleum, the country has not been unable to utilize the money to improve the lives of its citizens, neither has the country used it to develop the economy.
Barrels of oil.
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Nigeria:
Nigeria Realises N118 Trillion in 53 Years From Crude
Premium Times, 5 October 2017
The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961. Read more »
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Nigeria:
Nigeria Earned, Squandered N77trn Oil Revenue in 17 Years
Vanguard, 6 October 2017
Nigeria, over the last seventeen years, has recorded huge earnings from the petroleum industry, but had been unable to utilize the funds to improve the lives of its citizens,… Read more »
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Nigeria:
Nigeria Earns N362.43bn From Crude Oil Export in June
Guardian, 6 October 2017
Nigeria's crude oil earning increased from the N253.02billion in June, to N362.43billion in July, according to the National Bureau of Statistics (NBS). This comes as stakeholders… Read more »
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Nigeria:
This Is the Appropriate Time to Retool Nigeria's Critical Sectors - Okwuosa
This Day, 6 October 2017
The Chairman, Oilserve Limited, Engr. Emeka Okwuosa, in this interview with Peace Obi, speaks on the private sector's role in Nigeria's economic recovery, his company's… Read more »
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Nigeria:
Oil Revenue Grew By 42.7 Percent in July - NBS
Vanguard, 5 October 2017
THE nation's gross oil revenue in July increased by 42.7 percent to N362.42 billion against N254.02 billion recorded in June this year, the National Bureau of Statistics, NBS,… Read more »
