Tag Archives: David Adonri

Nigeria Makes N118.49trn From Oil in 53 Yrs

FGN2

-Needs N9.1trn to end Poverty  Tayo Olanipekun Nigerian crude oil production in 2012 recorded the monetary value higher than the amount it presently requires to end poverty at national level as revenues were buoyed by high exchange rate and international prices that year, reports have shown. Africa’s largest economy produced 32.70bn barrels of crude oil valued at N118.49trn between 1961 …

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