Impact of coronavirus on oil production in Nigeria 2020

According to data from April 2020, Nigeria's daily oil production will decrease from 2.1 million barrels to 1.7 billion barrels. Nigeria's economy was significantly impacted by the COVID-19 pandemic. Among others, oil prices experienced a sharp fall and the country lowered the daily crude oil production consistently. Crude oil, petrol, and fuel represented Nigeria's main source of export value.

Impact of coronavirus (COVID-19) on daily oil production in Nigeria in 2020

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Source

Release date

April 2020

Region

Nigeria

Survey time period

2020

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Statistics on "Key indicators of Nigeria's economy"

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