Nigeria records $2.9bn in annual oil and gas exports in November
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Nigeria, Feb. 7 -- Nigeria sold $2.89 billion worth of oil and gas between November 2019 and November 2020, the Nigerian National Petroleum Corporation has said.
The country suffered significant loss of revenue in 2020 due the fall in oil prices as a result of the coronavirus pandemic.
In its report, the NNPC sad it recorded a trading surplus of N13.43 billion for the month of November 2020, up by 54 per cent when compared to the N8.71billion surplus recorded in October 2020.
This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Kennie Obateru.
The trading surplus or trading ...
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