Nigeria Generated N50 Trillion in Revenue from Crude Oil in 2024
Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to new data obtained from the Nigerian Upstream Petroleum Regulatory Commission. The data showed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024. With condensate included, total oil production for 2024 was 566.79 million barrels, NUPRC data added. According to…
