Nigeria recorded a combined earnings of $120.49 million from export of crude oil and gas in September 2020, a latest report by the Nigerian National Petroleum Corporation (NNPC) has stated.
The earnings was disclosed in the September 2020 Monthly Financial and Operations Report (MFOR) of the NNPC made available on Sunday.
The corporation stated that the $120.49 million crude oil and gas export receipt was 16.28 per cent improvement on the $100.88 million reported in August 2020.
A breakdown of the earnings showed that proceeds from crude oil amounted to $85.40 million while gas and miscellaneous receipts stood at $25.31 million and $9.78 million, respectively.
Data in the September 2020 MFOR also revealed a trading surplus of ₦28.38 billion, an amount that is slightly lower than the ₦29.60 billion trading surplus in August 2020.