Global and local crude oil production cuts The Nigerian federal budget was passed and signed into law based on an assumed oil production volume of 2.18 million barrels per day (mb/d).
Can Nigeria become a major oil market?
Nigeria has the potential to become a significant market for oilseeds, oil meals, and oils for domestic and industrial consumption. Nigeria: Oilseeds and Products Annual Insight and analysis from FAS’s overseas offices on issues affecting agricultural production and trade.
Why is corn a staple food in Nigeria?
It is highly demanded in Nigeria as a staple food, as a raw material in the brewery industries and Livestock feed manufacturing Industry. In the confectionery and food industry, it is used to produce corn syrup, corn oil, cornflour and corn flakes.
What is the Nigerian oil and gas industry update?
This edition of the Nigerian Oil and Gas Industry Update provides information on some of the recent developments in the industry in the first quarter of 2020, how they are impacting the industry and the Government’s response to these issues.