Nigeria loses $2.7bn to oil production decline
Nigeria is estimated to have lost about $2.7
billion or N426 billion from decline in crude oil production in the last quarter of 2012 – October to December, even as it earned $16.075 billion or N2.54 trillion from crude oil export in the same period.
The Central Bank of Nigeria, CBN Fourth
Quarter Economic Report, attributed the
decline in crude oil production and export to… Read more
Comments