{"id":10007,"date":"2020-09-29T08:29:01","date_gmt":"2020-09-29T06:29:01","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/afrique\/2020\/09\/29\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\/"},"modified":"2020-09-29T08:29:01","modified_gmt":"2020-09-29T06:29:01","slug":"nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales","status":"publish","type":"news","link":"https:\/\/ecomnewsafrique.com\/en\/2020\/09\/29\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\/","title":{"rendered":"Nigeria sees 75% drop in monthly revenue from Oil sales"},"content":"In Nigeria, NNPC reports that revenue from crude oil sales fell 75% in July to a record high of $ 55.3 million. This is explained by the effects on prices and global demand for crude oil, of Covid-19.\nAccording to NNPC federal government export data, crude oil sales revenue was $ 219.6 million in June, compared to $ 120.5 million in May.\n\u201cExport sales of crude oil totaled $ 55.3 million in July, up from $ 219.6 million the month before. Crude oil and gas transactions from July 2019 to July 2020 indicated that crude oil and gas worth $ 3.91 billion was exported, \u201dthe NNPC said in its document.\nIt must be said that the application of the production cuts operated by the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC + member allies, as well as the gradual reopening of many economies has made it possible to note a slight improvement in oil prices. since a few weeks.\nHydrocarbons account for more than 90% of Nigeria&#8217;s export earnings.\nSource Ecofin Agency\n","author":15,"featured_media":10008,"comment_status":"open","ping_status":"open","template":"","tags":[627],"location":[513],"class_list":["post-10007","news","type-news","status-publish","has-post-thumbnail","hentry","tag-oil","location-nigeria-en"],"short_url":"https:\/\/bit.ly\/3qgA9W6","have_related_news":null,"chapo":"The state-owned petroleum company (NNPC) has just announced that in July it recorded a 75% drop in monthly revenue from the sale of petroleum. Information that comes in a context where oil revenues have fallen by more than 40% since the beginning of the year.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120453073_2404456863196763_5787520924949599065_n-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120453073_2404456863196763_5787520924949599065_n-550x360.png 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.66,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120453073_2404456863196763_5787520924949599065_n.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120453073_2404456863196763_5787520924949599065_n.png 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.66,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria sees 75% drop in monthly revenue from Oil sales - Ecomnews Afrique<\/title>\n<meta name=\"description\" content=\"In Nigeria, NNPC reports that revenue from crude oil sales fell 75% in July to a record high of $ 55.3 million. This is explained by the effects on prices\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ecomnewsafrique.com\/en\/2020\/09\/29\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria sees 75% drop in monthly revenue from Oil sales - Ecomnews Afrique\" \/>\n<meta property=\"og:description\" content=\"In Nigeria, NNPC reports that revenue from crude oil sales fell 75% in July to a record high of $ 55.3 million. This is explained by the effects on prices\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ecomnewsafrique.com\/en\/2020\/09\/29\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"Ecomnews Afrique\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/11\/120453073_2404456863196763_5787520924949599065_n.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"474\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/09\\\/29\\\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\\\/\",\"url\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/09\\\/29\\\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\\\/\",\"name\":\"Nigeria sees 75% drop in monthly revenue from Oil sales - Ecomnews Afrique\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/09\\\/29\\\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/09\\\/29\\\/nigeria-sees-75-drop-in-monthly-revenue-from-oil-sales\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ecomnewsmed.com\\\/app\\\/uploads\\\/sites\\\/4\\\/2020\\\/11\\\/120453073_2404456863196763_5787520924949599065_n.png\",\"datePublished\":\"2020-09-29T06:29:01+00:00\",\"description\":\"In Nigeria, NNPC reports that revenue from crude oil sales fell 75% in July to a record high of $ 55.3 million. 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