₦airaland Forum

Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,299,256 members, 5,054,035 topics. Date: Tuesday, 23 July 2019 at 09:00 PM

N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS (1094 Views)

Nigeria Set To Lose 550,000 Barrels Of Oil By Exxonmobil / NPDC Targets 500,000 Barrels Of Crude Oil Per Day Production / Nigeria’s Crude Oil Export To Crash To 1.72 Million Barrels In October (2) (3) (4)

(1) (Reply) (Go Down)

N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS by froz(m): 12:59pm On Oct 06, 2017
The petroleum statistics on crude oil production and oil refining reflected that a total 32.70bn barrel of crude oil valued at N118.49trn has been produced between 1961 and 2014.

BrandSpur Ng reports that the NBS collated its report between 1961 and 2014 with the assistance of the Nigerian National Petroleum Corporation (NNPC).

The highest barrels of crude production was recorded in the year 2005 with 918.66m barrels valued at N6.14bn while the lowest was recorded in 1961 with 16.80m barrels valued at N18.73mln.

The yearly domestic crude oil refining data from 1997 to 2014 also reflected that 844.19m of crude oil has been received and 835.58m processed within the period under review.

SOURCE: https://brandspurng.com/petroleum-statistics-nigeria-made-n118-trillion-from-32-70bn-barrels-of-crude-oil-since-1961-nbs/

Re: N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS by froz(m): 1:00pm On Oct 06, 2017
More Statistics....

Re: N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS by eezeribe(m): 1:05pm On Oct 06, 2017
118 trillion naira....
More than 90% of that amount entered people's pockets and is still entering... ....
even the region producing the crude oil is still suffering one of the worst environmental degradation in the world...
lalasticlala,Mynd44
Re: N118 Trillion From 32.70bn Barrels Of Crude Oil Since 1961 –NBS by Nobody: 7:18am On Oct 07, 2017
intresting

(1) (Reply)

Building Materials Consultant In Abuja / Q10 For Sale At Ikorodu / Jumia Bang Bonaza: Get N5000 Off When You Place Orders Through Me ( Today Only)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (0) (1) (2) (3) (4) (5) (6) (7) (8) (9)

Nairaland - Copyright © 2005 - 2019 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.