Nigeria Extractive Industry at a glance
Nigeria is richly endowed with oil, gas and mineral resources. The Government estimates that it has about 38billion barrels of crude oil reserves, 160 Trillion cubic meters of gas reserves while each of the 36 states and the FCT has one form of mineral deposit in commercial quantities.
831.15
Billion Dollars Total Oil & Gas Revenue (1999 - 2023)
1.556
Trillion Naira Total Solid Minerals Revenue (2007 - 2023)
19.034
Billion barrels of crude oil produced (1999 - 2023)
702.65
Million Tonnes of Minerals Mined (2007 - 2023)
174
Total Audited Companies (2023)
16
Extractive Industries Audit Reports - Oil & Gas (1999 - 2023)
14
Extractive Industries Audit Reports - Solid Minerals (1999 - 2023)
1st
EITI Country with a Law/BO Register
Best
EITI Implementing Country (2013)
Trending News
See All







