Sunday, June 29, 2025
ENERGYOTHER BUSINESSESTOP STORY

Nigeria’s excess crude account held $2.31bn on Sept 22 – Adeosun

Finance minister Kemi Adeosun said on Thursday that Nigeria’s excess crude account stood at $2.310 billion as of Sept. 22, Reuters’ reports.
The figure, given by Adeosun according to a government statement, fell from $2.453 billion on the same date last year. The figure was slightly lower despite a recovery in production.
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.

Business247 News Online
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