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Nigeria earned N50tn from crude oil in 2024 –Report

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Nigeria’s crude oil revenue rose to about N50.88tn in 2024, findings by The PUNCH revealed. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government, confirmed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024. A January 9, 2025 report by Statista Research Department, a global

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