Petroleum industry in Nigeria to transport the crude oil. Also because of the lack of highly productive fields, money from the jointly operated (with the federal government) companies is constantly directed towards petroleum exploration and production. Nigeria's petroleum is classified mostly as "light" and "sweet", as the oil is largely free of sulphur. Nigeria is the largest producer of sweet oil in OPEC. This sweet oil is similar in composition to petroleum extracted from the North Sea. This crude oil is known as "Bonny light". Names of other Nigerian crudes, all of which are named according to export terminal, are Qua Ibo, Escravos blend,
Nigerian Export Promotion Council Export Promotion Council Amendment Decree No. 64 of 1992. The last was authored to enhance the performance of the council by minimizing bureaucratic bottlenecks and increasing autonomy in dealing with members of the organised private sector. The Council has a governing board drawn from both the public and private sectors. To promote non-oil exports as the key driver of the Nigerian economy. Position the export market as the growth opportunity of choice for private sector earnings and sustainable economic development. Functions of the Council: The administration of the Council was structured in the following regard: The Board- Consist of the