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Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)


Crude Oil Price (US$/Barrel), Production (mbd) and Export (mbd)
Year 2014
Month
August
September October
Crude Oil Price (Bonny Light) 102.33 98.27 83.50
Domestic Production 2.20 2.10 2.21
Crude Oil Export 1.75 1.65 1.76
       
Note: mbd means million barrels per day
Source: Nigerian National Petroleum Corporation (NNPC) and Reuters
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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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