FG gains $2.445bn from crude sales in 2016

The Nigerian National Petroleum Corporation (NNPC), has disclosed that total export sales of crude oil and gas for the country from January to December 2016 stands at $2,445,451,363.

According to a statement from the Group General Manager, Group Public Affairs Division, Ndu Ughamadu, the national oil firm recorded a total export sale of $195.40 million in crude oil and gas in December 2016 as against $166.18 million recorded in November 2016. The figure, he noted, is $20.22 million higher than the preceding month. NNPC, he added, also recorded a 13.4 per cent rise in oil and gas sales in December 2016 over sales in November 2016,” he said.

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