Nigeria: Govt earns $61.2bn from 1.28 billion barrels of oil in 21 months

24 December 2016, Abuja — The Nigeria Extractive Industries Transparency Initiative (NEITI) has put Nigeria’s aggregate crude oil production and earnings within the last 21 months when the Nigerian National Petroleum Corporation (NNPC) began to publish its monthly production and financial records, at 1.28 billion barrels and $61.17 billion, respectively. NEITI said it used the […] More »