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Nigeria Recovers N118tn In 53 Years From Oil – NBS

The National Bureau of Statistics says Nigeria has acknowledged more than N 118 tn from unrefined generation and refining from 1961.

The NBS report , which has extra information from the Nigerian National Petroleum Corporation, gathered its measurements from 1961 till 2014 .

“The oil measurements on unrefined petroleum generation and oil refining mirrors that an aggregate 32 . 70 billion barrels of raw petroleum esteemed at N118 . 49 tn has been delivered in the vicinity of 1961 and 2014 .

“The most astounding barrels of unrefined generation was recorded in the year 2005 with 918 .66 million barrels esteemed at N6 .14 bn .

“The most minimal was, however , recorded in 1961 with 16 .80 million barrels esteemed at N 18 . 73 m “The yearly household unrefined petroleum refining information from 1997 to 2014 additionally mirrored that 844 .19 million of raw petroleum has been gotten and 835 .58 million prepared inside the period under audit, ” the report expressed .

( NAN )


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