Nigeria recorded N16 trillion from crude oil sales between January and September 2022.
Oil sales recorded by Nigerian National Petroleum Company Limited are recorded in Foreign Trade Report published by Nigerian National Petroleum Company Limited National Statistics Office (NBS).
Despite the huge oil sales, CBN Gov. Godwin Emefiele said last month that foreign exchange earnings from crude oil sales in Nigeria’s official reserves have steadily declined from over $3 billion a month in 2014 to $0…
