FG realises N118trn in 53 years from crude

12
110
Petrol dollar

The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961.

The NBS report, which has additional data from the Nigerian National Petroleum Corporation (NNPC), collated its statistics from 1961 till 2014.

“The petroleum statistics on crude oil production and oil refining reflects that a total 32.70 billion barrels of crude oil valued at N118.49 trillion has been produced between 1961 and 2014.
“The highest barrels of crude production was recorded in the year 2005 with 918.66 million barrels valued at N6.14 billion.
“The lowest was, however, recorded in 1961 with 16.80 million barrels valued at N18.73 million.
“The yearly domestic crude oil refining data from 1997 to 2014 also reflected that 844.19 million of crude oil has been received and 835.58 million processed within the period under review,’’ the report stated. (NAN)

12 COMMENTS

  1. I do enjoy the manner in which you have presented this particular matter and it really does present me a lot of fodder for thought. However, from what I have experienced, I simply just hope as other opinions stack on that men and women continue to be on issue and not embark upon a tirade involving some other news du jour. All the same, thank you for this superb point and even though I can not necessarily concur with this in totality, I respect the point of view.

  2. I just came over here via some other web address relating to omega xl dosage and thought I may as well read this. I really like what I see thus now I”m following you. Looking forward to going over your blog back again.

  3. Howdy! I know this is somewhat off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having trouble finding one? Thanks a lot!

  4. hi!,I love your writing so so much! share we keep in touch more approximately your post on AOL? I need a specialist on this house to solve my problem. May be that is you! Taking a look forward to look you.

  5. It was wonderful to read this info and I believe you’re totally correct. Tell me if perhaps you are thinking of Arvind Pandit Kansas, that’s my principal competency. I am hoping to check back with you in the near future, take good care!

  6. I was speaking with a good friend of my own around this article and even regarding vshare free download as well. I believe you made some very good points in this case, we’re also looking forward to keep reading material from you.

  7. Hello I’m truly happy I found your webpage, I actually found you by accident, while I was researching on Google for android facetime app. Nonetheless I’m here right now and would just like to say many thanks for a fantastic posting and the all round interesting blog (I too love the theme/design), I do not have time to look over it completely at the minute but I have book-marked it and even added your RSS feed, so whenever I have plenty of time I will be back to browse much more. Make sure you do maintain the excellent work.

LEAVE A REPLY

Please enter your comment!
Please enter your name here