Nigeria earns N1.7 trillion from crude oil export in Q2

Nigeria earns N1.7 trillion from crude oil export in Q2

• Spends N296 billion to import petrol
• Oil production decreases by 51,000bpd
Despite calls for diversification of Nigeria's revenue base to other sectors
like manufacturing and agriculture, oil and gas accounted for 92.9 per cent of
the country's export earnings during the second quarter of 2016.
Specifically, out of the N1.872 trillion of export earnings by [...]

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