Economy

10 Countries That Bought Most Crude Oil From Nigeria Between Jan-Sept 2020

  • Proceeds from sale of crude oil to many countries of the world makes the bulk of Nigeria’s revenue
  • Nigeria is the number one producer of crude oil in Africa and is one of the top 10 largest producers of crude in the world

According to the National Bureau of Statistics (NBS), which is Nigeria’s National Statistics Agency, it informed that from January to September thus year, India bought the most crude oil from Nigeria.

READ THIS TOO: Top 10 States In Nigeria That Attracted Most Investment In 2020

The NBS further informed the general public of the top 10 countries which paid the most for Nigeria’s crude oil.

Crude oil production
Crude oil production in Nigeria

COUNTRIES WHICH BOUGHT MOST CRUDE OIL FROM NIGERIA BETWEEN JANUARY AND SEPTEMBER, 2020 AS LISTED BY STATISENSE AND REVEALED BY NBS:

  1. 🇮🇳India: ₦1.12tn
  2. 🇳🇱Netherlands: ₦799.1b
  3. 🇪🇸Spain: ₦777.3b
  4. 🇿🇦South Africa: ₦691b
  5. 🇮🇹Italy: ₦273b
  6. 🇨🇳China: ₦254b
  7. 🇫🇷France: ₦201.5b
  8. 🇵🇹Portugal: ₦178.3b
  9. 🇮🇩Indonesia: ₦176.3b
  10. 🇹🇷Turkey: ₦138.7b
Buhari
President Muhammadu Buhari addressing released Kankara students is the Minister of Petroleum Resources

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