By Eyo Nsima

The price of Nigeria’s Bonny Light, has risen to $95 per barrel, indicating $33 higher than the $62 per barrel 2022 budget benchmark.

This year’s budget was also based on the production of 1.8 million barrels per day, bpd, including between 300,000 – 400,000 barrels of Condensate that Nigeria produces daily.
Details coming soon