Nigeria has produced a total of 236,229,281 barrels of crude oil in the first half of 2024, according to data from the Nigerian Upstream Petroleum Regulatory Commission.
The drop on the global stage in July however did not affect the team’s position on the continental stage as the 5th behind Morocco, Senegal, Egypt and Cote d ‘Ivoire.
The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.354 trillion in June revenue among the Federal Government, states, and Local Government Councils (LGCs).