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.

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831.15

Billion Dollars Total Oil & Gas Revenue (1999 - 2023)

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1.556

Trillion Naira Total Solid Minerals Revenue (2007 - 2023)

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19.034

Billion barrels of crude oil produced (1999 - 2023)

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702.65

Million Tonnes of Minerals Mined (2007 - 2023)

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174

Total Audited Companies (2023)

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16

Extractive Industries Audit Reports - Oil & Gas (1999 - 2023)

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14

Extractive Industries Audit Reports - Solid Minerals (1999 - 2023)

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1st

EITI Country with a Law/BO Register

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Best

EITI Implementing Country (2013)

Nigeria Extractive Resources Map

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tick-squareNigeria Solid Minerals States

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