Nigeria earned $206bn from oil in five years – OPEC

Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years, the Organisation of Petroleum Exporting Countries has said. OPEC, in its 2020 Annual Statistical Bulletin released on Monday, said the country’s oil export revenue fell to $45.11bn in 2019 from $54.51bn in 2018.
 
Nigeria was the fifth biggest revenue-earner last year in OPEC after Saudi Arabia ($202.37bn), Iraq ($80.03bn), Kuwait ($52.43bn), and the United Arab Emirates ($49.64bn)…
 
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