Nigeria’s crude oil earnings rebound by 116%–OPEC

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The Federal Government’s earnings from the export of crude oil has recorded a rebound of 116 per cent, the Organisation of Petroleum Exporting Countries disclosed on Tuesday.

OPEC said the 116 per cent rebound was recorded in November this year when compared to its April 2020 levels.

OPEC’s Secretary-General, Mohammad Barkindo, disclosed this in his address as the Honorary Conference Chairman of the Virtual 19th Nigeria Oil and Gas session. Barkindo stated that considering the drop in revenues over this period, the government’s measures had helped minimise the effects of the economic downturn.

 

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You can own a 3 bedroom apartment located at Oribanwa Lekki Ajah all ensuite for 14M. DM for details

Why should our FG focus on oil alone?

, you can use a simpler language other than 'rebound'. The bricklayer here asked me 'rebound as in hit a bar and came out'. I had to lecture.

Dem go still borrow Soon. Change Govt

If the oil has rebounded by a huge sum like 116% will the oil price per liter drop now or ....?!

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