Bonny Light oil oil produced in Angola. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income for the oil-rich nation. The national government of Nigeria runs and takes part in the petroleum industry of Nigeria through the NNPC corporation. Libya's NOC also owns a 36% stake in NNPC which is valued at $112 Billion. Bonny Light oil Bonny Light oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of
Brass River must be made with the kings ... The slave trade up the Brass is carried on by agents from the and from the Havannah. King Peppel seldom makes good his engagements, He may be concerned in the slave trade on the Brass River. There have been no slave vessels at Bonny since the treaty with King Peppel, and the trade in the creeks of the Brass River is much reduced." The report included the testimony of Captain Gentle Brown, who said, On 17 November 1856 Thomas Joseph Hutchinson, Her Britannic Majesty's Consul for the Bight of Biafra and the Island