{
  "id": 6380469,
  "title": "How to sustain N12.9tr oil earnings – Experts",
  "url": "https://urgent.news/2026/09/09/how-to-sustain-n12-9tr-oil-earnings-experts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T02:43:15.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/how-to-sustain-n12-9tr-oil-earnings-experts/"
  },
  "original_language": "en",
  "account": "Maintaining Nigeria's impressive N12.9 trillion oil export earnings hinges on several key factors, experts have stressed. The National Bureau of Statistics highlighted that crude oil remains Nigeria's top export commodity, accounting for 47.79% of the country's total exports during the second quarter of 2026. This performance comes amid a surge in global crude prices, with Brent crude trading near $98 per barrel as US-Iran tensions escalate in the Gulf region. The opportunity to bolster export earnings, foreign exchange reserves, government revenues and Nigeria's external standing is clear. However, experts caution that this potential growth hinges on the stability of Nigeria's oil infrastructure, particularly in the Niger Delta. Disruptions from oil theft, pipeline sabotage or instability in the region could undermine export growth. To capitalize on the current oil price rally, which vastly surpasses Nigeria's 2026 budget benchmark of $64.85 per barrel, sustained investments in protecting oil infrastructure are crucial. This includes enhancing pipeline surveillance operations alongside the efforts of government security agencies and other stakeholders. Pipeline security is deemed vital for ensuring a steady flow of crude to export terminals and averting losses from illegal tapping or attacks.",
  "summary": "Nigeria’s ability to sustain the N12.91 trillion crude oil export earnings recorded in the second quarter of 2026 will depend largely on maintaining stability in the Niger Delta, protecting oil infrastructure and ensuring uninterrupted production, industry experts have said. The latest foreign trade statistics released by the National Bureau of Statistics (NBS) on Monday showed […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}