Nigeria's Crude Oil Production Report - Politics - Nairaland
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| Nigeria's Crude Oil Production Report by Gbenge77(m): 2:24pm On Apr 24, 2013 |
I got this e-mail from a buddy Crude oil production per day:2.5Million barrels 2.Current price=$113/barrel 3.Daily sales,2.5Million,multiplied by 113=$282.5M 4.Monthly sales=282.5Million ,multiplied by 30=$8.475 billion 5.Yearly sales=$8.475billion,multiplied by 12=$101.7billion 6.Naira Equivalent=107.1.multiplied by#160=16.272 trillion Naira per year. 7.Nigeria's budget for 2012=4.5trillion naira Now the question is=What happens to the surplus,in light of the gargatuan disparity? Femi Falana provided those figures. |
| Re: Nigeria's Crude Oil Production Report by DonEwexco(m): 2:39pm On Apr 24, 2013 |
Our Executhieves will answer it better. Does it goes to Amnesty? *just saying* |
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