N166b in from royalties, others in first quarter

Started by sparrow, Apr 16, 2010, 11:05 PM

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sparrow

Apr 16, 2010, 11:05 PM
The Federal Government earned N166.081 billion in oil revenue between January and last month, the Department of Petroleum Resources (DPR) said yesterday.

The revenue was from royalties, gas flare levies, concession rentals and miscellaneous sources.

Royalties fetched N65,282, 364,531.20, gas flare levies, N530,482,200.47, concession rentals, N52,208,651.97 and miscellaneous, N216,146,811. 30.

N166b in from royalties, others in first quarter


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