Home Business Nigeria Tops African Crude Oil Exports to U.S. in 2025
Business

Nigeria Tops African Crude Oil Exports to U.S. in 2025

Share
Share



Nigeria has emerged as the leading African exporter of crude oil to the United States between January and August 2025, according to the U.S. Mission in Nigeria.

A statement posted on the official X handle of the U.S. Mission on Tuesday revealed that Nigeria accounted for more than half of all African crude oil exports to the United States during the period.

The country shipped 33.23 million barrels of crude oil, valued at $2.57 billion, to the U.S. in the first eight months of 2025.

The statement read: “#DidYouKnow that Nigeria was the leading African exporter of crude oil to the United States between January and August 2025, shipping 33.23 million barrels worth $2.57 billion? That’s more than half of all African crude oil exports to the United States during that period.”

It added that the strong trade ties between Nigeria and the United States “create jobs and drive prosperity on both sides of the Atlantic.”

PUNCH Online reports that the U.S. Agricultural Counselor, Chris Bielecki, had stated that agricultural trade between Nigeria and the United States is expected to hit $700m in 2025.

The Sunday PUNCH reports that Nigeria’s imports of crude oil from the United States rose by 153 per cent in the first nine months of 2025, according to the latest data from the US Energy Information Administration.

 

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Nigerian Senate Debates ₦58.47tn 2026 Budget Proposal

The Senate on Tuesday formally commenced debate on the 2026 Appropriation Bill,...

Police arrest 13 suspected Delta cultists, recover firearms

The Delta State Police Command have arrested 13 suspected members of a...

NAPTIP Warns Jigawa Residents of Human Traffickers at Xmas

The National Agency for the Prohibition of Trafficking in Persons has cautioned...

I Won’t Back Tinubu Like Wike Does

Oyo State Governor, Seyi Makinde, has declared he will not support President...