Beyond output: Why Nigeria’s 43% drop in Crude earnings is a wake-up call

Nigeria’s oil industry appears to be sending a troubling message. The country posted a 43.3 per cent drop in gross profit from crude oil and gas sales in 2024, slipping from ₦1.90 trillion in 2023 to about ₦1.08 trillion, despite a modest rebound in production. On the surface, this may seem like another dip in […] The post Beyond output: Why Nigeria’s 43% drop in Crude earnings is a wake-up call appeared first on Marketing Edge Magazine.

  Business   Nov 11, 2025   0   12  Add to Reading List
Beyond output: Why Nigeria’s 43% drop in Crude earnings is a wake-up call

Nigeria’s oil industry appears to be sending a troubling message. The country posted a 43.3 per cent drop in gross profit from crude oil and gas sales in 2024, slipping from ₦1.90 trillion in 2023 to about ₦1.08 trillion, despite a modest rebound in production. On the surface, this may seem like another dip in […]

The post Beyond output: Why Nigeria’s 43% drop in Crude earnings is a wake-up call appeared first on Marketing Edge Magazine.

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