Nigeria’s excess crude account stood at $2.310 billion as of September 22, the Minister of Finance, Kemi Adeosun said on Thursday, slightly lower than a year earlier despite a recovery in production. The figure, given by Adeosun according to a government statement, fell from $2.453 billion on the same date last year. Militant attacks on oil facilities last year reduced Nigeria’s crude production by as much as a third. Output has largely recovered since then, with production now hovering around 1.8 billion barrels per day.
The post Excess crude account rise to $2.31bn in Sept appeared first on New Telegraph Online.
Source: New Telegraph
We appreciate you for reading our post, but we think it will be better you like our facebook fanpage and also follow us on twitter below.