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· Nigeria is intensifying efforts to peg a Unit Operating Cost (UOC) of crude oil production per barrel at 10 by 2021, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said. Nigeria, Libya, and Venezuela have the highest total cost of producing crude oil at 17 per barrel, per barrel, [hellip;]
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· In terms of production expenses, he noted that the Oil Producers Trade Section (OPTS), estimated the operating cost premium in Nigeria as between 15 and 65%, while crude and water handling costs ...
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• Nigeria is the largest producer of sorghum in West Africa accounting for about 71% of the total regional sorghum output. Sorghum is the 3rd cereal in terms of quantity of production in Nigeria. • Production declined since 2009 due to the reduction of both area harvested and strong yields.