Amid sustained low oil prices in the international market, Nigeria saw a significant decline in the import of its crude by some of the main buyers, including India, in the first quarter of the year.
The Federal Government and oil companies in the country may have lost at least N67bn ($339m) in February and March this year as the country’s crude oil exports dropped by 1.860 million barrels and 4.085 million barrels respectively, compared to the January export level
No comments:
Post a Comment