Nigeria’s Crude Oil Export Rises over 50%, Hits $15.4tn in Q1
kolaking.substack.com
Emmanuel Addeh in Abuja Nigeria’s crude oil production made significant recovery in the first quarter of 2024, with the country raising its export of the commodity by 50.2 per cent to N15.4 trillion during the period. Latest figures from the National Bureau of Statistics (NBS) showed that the value of the country’s sales of crude oil to other nations rose from N10.3 trillion in Q4, 2023 to a cumulative N15.4 trillion in Q1, 2024.
Nigeria’s Crude Oil Export Rises over 50%, Hits $15.4tn in Q1
Nigeria’s Crude Oil Export Rises over 50…
Nigeria’s Crude Oil Export Rises over 50%, Hits $15.4tn in Q1
Emmanuel Addeh in Abuja Nigeria’s crude oil production made significant recovery in the first quarter of 2024, with the country raising its export of the commodity by 50.2 per cent to N15.4 trillion during the period. Latest figures from the National Bureau of Statistics (NBS) showed that the value of the country’s sales of crude oil to other nations rose from N10.3 trillion in Q4, 2023 to a cumulative N15.4 trillion in Q1, 2024.