The Federal government crude oil export revenue improved in 2021 as it hit N14 trillion compared to N9.44 trillion sold the previous year

The National Bureau of Statistics has revealed that Nigeria in 2021 made over N14.4 trillion selling crude to different countries around the world. NBS disclosed this in its latest Foreign trade statistics report published on its website on Tuesday, 15 March 2021.

According to the report, India topped the list of the top five nations that purchased Nigerian crude, spending more than N1.98 trillion.

This was followed by Spain’s N1.44 trillion, Netherland coming in third position with N863.3 billion purchased.

Canada and the United States of America round out the top five, having spent N422.7 billion and N400 billion, respectively, on Nigerian crude oil.

NBS report also listed how much countries paid in the last three months of 2021( October to December) for Nigeria’s crude oil.

The breakdown given thus:
India – N774.5bn
Spain -N624.01bn
France- N473.84bn
Netherlands- N383.58bn
Indonesia- N280.05 billion
South Africa- N251bn
China- N92.73 billion
United States- N171.08 billion
Canada- N216.13 billion