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The Pacesetter Frontier Magazine

Making a Stride in Time

Nigeria losses $2.7bn as oil production falls below 1mb/d

Oil production falls below 1mb/d, Nigeria losses $2.7bn

September 9, 2022 by Editor Leave a Comment

Nigeria’s oil production crashed below the one million barrels per day mark in August costing the country about $2.658 billion, latest data has shown. Oil production figures posted by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, showed that daily average production for August was 972,394 barrels, compared to 1.083 million barrels produced in July … [Read more…]

Posted in: Business/Economy Tagged: Nigeria losses $2.7bn as oil production falls below 1mb/d

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