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Nigeria Produced 656.8m Barrels of Crude Oil in 2016

Proshare

Monday, August 07, 2017 1:08PM / NBS

Selected Petroleum Statistics from 2012 to 2016 revealed that 656,804,590 barrels of crude oil was produced in 2016 as against 777,492,150 barrels produced in 2015 while 771,444,960 barrels of crude oil were exported in 2015 as against 773,833,130 barrels in 2014 with Nigeria’s crude oil reserves put at 37,453,000,000 barrels as at 2016. 

A total of 2,711,803,306.10mscf of gas was produced in 2016 as against 3,003,179,000.00mscf of gas produced in 2015 while 2,404,095,858.60mscf of gas was utilized in 2016 as against 2,672,247,000.00mscf utilized in 2015. Gas flared was put at 330,933,000.00mscf as at 2015. 

57,437,000b/d of Liquefied Petroleum Gas, 260,787,000b/d of Petroleum Motor Spirit, 144,654,000b/d of Household Kerosene, 200,114,000b/d of Automotive Gas Oil and 283, 632,000b/d of fuel oil were recorded as finished products from domestic refineries in the year 2015.

Click Here to Download 2012 – 2016 Selected Petroleum Statistics (PDF) Report






Latest 2017 NBS Reports


Q3 2017

1.      

2,503 Road Traffic Crashes Recorded in Q2 2017 - NBS
2.     
Daily Energy Generation Attained a Peak of 4,079MW in Q2 2017 - NBS
3.     
7.59m Nigerians Are Registered Under the National Pension Scheme as at Q2’17 - NBS
4.     
FAAC Disburses N462.36bn in June 2017 - NBS
5.     
NBS Annual Abstract of Statistics 2016
6.     
Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - June 2017
7.     
Average Intercity Transport Fare Decreases to N1,559.68 in Jun’17 from N1,565 in May’17
8.    
Average Price Of 1kg Of Yam Tuber Increased YoY by 32.84% in June 2017 -NBS
9.     
CPI Drops to 16.10% in June 2017, 0.15% Lower Than 16.25% May Rate

Q2 2017

10. 
FAAC Disburses N418.82bn in May 2017 - NBS
11.  
GDP By Income and Expenditure Approach – Basic Price GDP Declines by 2.3% in Q3’16 - NBS
12. 
Average Price Watch of PMS, AGO, HHK and Cooking Gas - May 2017
13. 
Average Intercity Transport Fare Decreases to N1,5865. in May’17 from N1,587.04 in Apr’17
14. 
Average Price Of 1kg Of Yam Tuber Increased YoY by 52.69% in May 2017 - NBS
15.  
CPI Drops to 16.25% in May 2017, 0.99% Lower Than 17.24% April Rate
16. 
N204.77bn Generated as VAT in Q1 2017 - NBS
17.  
125,790 Cases of Reported Offences Recorded in 2016 - NBS
18. 
Labour Productivity Rose to N684.43 in 2016 - NBS
19. 
Merchandise Trade Grew By 0.1% - Positive Trade Balance Due to Rising Exports & Falling Imports
20.
Unemployment Rate Rises to 14.2% in Q4’16 from 13.9% in Q3’16 - NBS
21. 
Lagos Airport Accounted for 76.5% of International Passengers in Q1 2017 - NBS
22.
FAAC Disburses N496.39bn in April 2017 - NBS
23. 
Banking Sector Records 304.31 mln Volume of Transaction in Q1 2017 - NBS
24. 
Total Value of Capital Imported into Nigeria in Q1 2017 Estimated at $908.27m - NBS
25. 
GDP Contracts by -0.52% in Q1’17 from -1.73% in Q4’16; 5th Consecutive Quarter of Contraction
26. 
Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch – April 2017
27.  
Average Intercity Transport Fare Increases to N1,587.04 in Apr’17 from N1,466.46 in Mar’17
28. 
Average Prices of 1kg of Yam Tubber Increased by 42.45% YoY in April 2017
29. 
CPI Drops to 17.24% in April 2017, 0.02% Lower Than 17.26% March Rate
30.
Lagos, Rivers Top IGR for Full Year 2016
31. 
Telecoms Subscribers Dropped by 1.33% in Q1 2017 - NBS
32.
Nigeria Imports 4.05bn Litres of PMS in Q1 2017 - NBS
33.
Lagos State has the highest domestic and foreign debt profile in 2016 - NBS
34.
2,556 Road Traffic Crashes Recorded in Q1 2017 - NBS
35. 
FAAC Disburses N466.93bn in March 2017
36.
Daily Energy Generation Attained a Peak of 5,846 MW in Q1 2017 - NBS
37. 
Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - March 2017
38.
Average Intercity Transport Fare Increases to N1,466.46 in Mar’17 from N1,411.87 in Feb’17
39.
Average Prices of 1kg of Yam Tubber Increased by 63.4% YoY in March 2017
40.
CPI Drops to 17.26% in March 2017, 0.52% Lower Than 17.78% February Rate
41. 
7.49m Nigerians Are Registered Under the National Pension Scheme As At Q1 2017 - NBS
42.
Lagos Airport Accounted for 69.1% of International Passengers in 2016 - NBS

Q1 2017
43.
11,363 Road Traffic Crashes Recorded in 2016 - NBS
44.
FAAC Disburses N514.15bn in February 2017
45. 
FAAC Disburses N430.16bn in January 2017
46.
Average Intercity Transport Fare Decreases to N1,411.87 in Feb’17 from N1430.63 in Jan’17
47. 
Average Price of 1kg of Rice Increased by 68% YoY in February 2017
48.
Average Prices of PMS, AGO, HHK and Cooking Gas Price Watch - February 2017
49.
CPI Drops to 17.78% in February 2017, 0.94% Lower Than 18.72% January Rate
50.
Nigeria Produced 43.49m Tons of Solid Minerals in 2016 - NBS
51.  
NIPOST Generates N8.84bn Revenue in 2016 - NBS
52. 
Q4 2016 Merchandise Trade Intensity - Total Trade Grows by 6.5% in 2016
53. 
Merchandise Trade Grows in Q4 2016 - Records First Quarterly Positive Trade Balance Since Q4 2015
54. 
GDP Contracts by -1.30% in Q4 and -1.51% for Full Year 2016; Is Nigeria on Its Way Out of Recession?
55. 
JAMB Received 11.7m Applications Between 2010 and 2016
56. 
Average Kerosene Price Increases to N433.84 in Jan'17 from N231.85 in Dec'16
57. 
Average Intracity Transport Fare Increases to N122 in Jan'17 from N84.29 in Dec'16
58.
Average Cooking Gas Price Increases to N2,567.56 in Jan’17 from N2,002.16 in Dec’16
59. 
Average Diesel Price Increases to N240.52 in Jan’17 from N196.20 in Dec’16
60.
Average Petrol Price Increases to N148.7 in Jan'17 from N146.7 in Dec'16
61. 
CPI Rises to 18.72% in January 2017, 0.17% Higher Than 18.55% December 2016 Rate
62.
GENCOs Issued Total Invoice of N331bn to DISCOs in 2016
63.
Nigeria Produced 5.79 mln Tonnes of Fish Between 2010 and 2015
64. 
4,296 Applications Were Received by NAFDAC for New Products Registration in 2016 - NBS
65. 
19,833 Vessels Berthed At Nigerian Ports Between 2013 and 2016 - NBS
66.
Total Value of Capital Imported into Nigeria in Q4 2016 Estimated at $1,548.88mln - NBS
67. 
Telecoms Sector Contributes N1,399bn to GDP in Q3 2016 - NBS
68.
FAAC Disburses N426.88bn in December 2016 - NBS
69.
Banking Sector Records 910.18m Volume of Transaction in 2016 on Electronic Payment Channels - NBS
70.
Daily Energy Generation Attained a Peak of 3,859.59MW in Q4 2016 - NBS
71.  
10.8% of Nigeria's Total Working Population Are Registered Under The National Pension Scheme - NBS
72. 
Nigeria Imports 4.83 bn Litres of PMS in Q4 2016 - NBS
73. 
72.53% of Nigeria’s Prison Population in 2015 were Un-sentenced - NBS
74. 
Lagos, Ogun Top IGR for H1 2016

 

 

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