Nigeria earned a total of $38.9 billion as oil revenue in 2022 and 2023. While it recorded $16.2 billion in 2022 as oil revenue; in 2023, it earned $22.6 billion. These were according to the 2022/2023 oil and gas industry report, presented by the Nigeria Extractive Industries Transparency Initiative (NEITI), on Thursday in Abuja.
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