<P> Nigeria 's oil revenue has totaled $340 billion in exports since the 1970s and it is the fifth largest producer . Though Nigeria is a major oil exporter , it imports most of its gasoline , and when fuel subsidies were lifted in January 2012 , fuel increased from roughly $1.70 per gallon to $3.50 . Nigeria produces a form of oil ideal for the United States , has huge reserves , and has increased its production to 2.8 million barrels ( 450,000 m ) of oil a day . But this , some say , is all a resource curse that is hurting Nigeria and disadvantaging her people . </P>
<P> Nigeria 's oil revenue has totaled $340 billion in exports since the 1970s and it is the fifth largest producer . Though Nigeria is a major oil exporter , it imports most of its gasoline , and when fuel subsidies were lifted in January 2012 , fuel increased from roughly $1.70 per gallon to $3.50 . Nigeria produces a form of oil ideal for the United States , has huge reserves , and has increased its production to 2.8 million barrels ( 450,000 m ) of oil a day . But this , some say , is all a resource curse that is hurting Nigeria and disadvantaging her people . </P>
how many barrels of oil nigeria produce in a day
how many barrels of oil nigeria produce in a day
2.8 million barrels ( 450,000 m )
2.8 million barrels ( 450,000 m )