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Sunday, April 5, 2026

EXCEL CBT2

MS Excel Oil Company CBT - 30 Questions Corrected

MS Excel Oil Company CBT - 30 Questions

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EXCEL TASK

MS Excel Oil Company Tasks

MS Excel Oil Company Tasks

Below are 10 tasks to practice preparing Excel reports for an oil company. Each task includes a table to be filled or calculated.

Task 1: Monthly Oil Production

Fill in the revenue column using =OilSold*PricePerBarrel.

MonthOil Produced (Barrels)Oil Sold (Barrels)Price per Barrel ($)Revenue ($)
Jan5000480060
Feb5200510062
Mar4800470061

Task 2: Worker Hours

Calculate total hours using =DaysWorked*HoursPerDay.

WorkerDays WorkedHours per DayTotal Hours
John208
Mary227.5
Ali188

Task 3: Production Efficiency

Calculate efficiency (%) using =OilSold/OilProduced*100.

MonthOil ProducedOil SoldEfficiency (%)
Jan50004800
Feb52005100
Mar48004700

Task 4: Total Production and Revenue

Calculate totals using =SUM(...).

Total ProductionTotal Revenue

Task 5: Average Price per Barrel

Use =AVERAGE(PriceColumn).

MonthPrice per Barrel ($)
Jan60
Feb62
Mar61

Average Price:

Task 6: Profit Analysis

Use =IF(Revenue>50000,"Profitable","Not Profitable").

MonthRevenueProfit Status
Jan
Feb
Mar

Task 7: Conditional Formatting

Highlight efficiency < 97% using Conditional Formatting.

Apply to Task 3 Efficiency Column.

Task 8: Efficiency per Worker Hour

Calculate using =TotalProduction/TotalWorkerHours.

EXCEL LECTURE TODAY

MS Excel Oil Company Report Lecture

MS Excel Tutorial: Preparing Oil Company Reports

In this lecture, we will demonstrate how to prepare a detailed report for an oil company using Microsoft Excel, including formulas, calculations, tables, and examples.

Step 1: Collect Data

Example dataset for oil production and sales:

MonthTotal ProductionTotal Worker HoursEfficiency/Hour
Jan5000
Feb5200
Mar4800
MonthOil Produced (Barrels)Oil Sold (Barrels)Price per Barrel ($)
Jan5000480060
Feb5200510062
Mar4800470061

Step 2: Worker Report

Track the number of workers, days worked, and total hours.

WorkerDays WorkedHours per DayTotal Hours
John208=B2*C2 → 160
Mary227.5=B3*C3 → 165
Ali188=B4*C4 → 144
Formula for Total Hours: =DaysWorked*HoursPerDay

Step 3: Total Revenue Calculation

Formula: =Oil Sold * Price per Barrel

January: =4800*60 → 288,000
MonthRevenue ($)
Jan=C2*D2 → 288,000
Feb=C3*D3 → 316,200
Mar=C4*D4 → 286,700

Step 4: Production Efficiency (%)

Formula: =Oil Sold / Oil Produced * 100

January Efficiency: =4800/5000*100 → 96%

Step 5: Total Production & Revenue Using SUM

Formula: =SUM(B2:B4) and =SUM(E2:E4)

Total Production: 15,000 barrels
Total Revenue: $890,900

Step 6: Average Price per Barrel

Formula: =AVERAGE(D2:D4) → 61 $/Barrel

Step 7: Using IF Formula for Profit Margin Analysis

Assume cost per barrel = $40. Formula: =IF(E2>50000,"Profitable","Not Profitable")

For January: Profitable

Step 8: Conditional Formatting

Highlight months where efficiency < 97%:

  • Select Efficiency column → Home → Conditional Formatting → Highlight Cell Rules → Less Than → 97

Step 9: Charts & Visual Representation

Create a column chart for monthly revenue:

  • Select Months and Revenue columns
  • Insert → Charts → Column Chart
  • Customize chart title: Monthly Revenue for Oil Company

Step 10: Advanced Formula Examples

  • VLOOKUP to fetch price by month: =VLOOKUP("Feb",A2:D4,4,FALSE) → Returns 62
  • MAX formula for highest revenue: =MAX(E2:E4) → 316,200
  • MIN formula for lowest efficiency: =MIN(F2:F4) → 96%

Step 11: Merging Worker Report with Production Report

We can link worker hours to production efficiency:

MonthTotal ProductionTotal Worker HoursEfficiency per Worker Hour
Jan5000469=B2/C2 → 10.66 barrels/hour
Feb5200469=B3/C3 → 11.09 barrels/hour
Mar4800469=B4/C4 → 10.24 barrels/hour

Conclusion

This lecture shows how to prepare a comprehensive oil company report in Excel, including production, revenue, worker hours, efficiency, charts, and formulas. This is useful for management decisions, payroll, and productivity analysis.

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GOVT TODAY LECTURE

JAMB Government Lecture

RELATIONS WITH AFRICAN COUNTRIES

1. Africa as the "Centre Piece" of Nigeria's Foreign Policy

Meaning: This means that Nigeria places Africa at the core of its foreign policy decisions and actions.

Guiding Principles:

  • Promotion of African unity and solidarity
  • Respect for sovereignty and territorial integrity
  • Non-interference in internal affairs of other states
  • Peaceful settlement of disputes
  • Support for decolonization and anti-apartheid struggles

Implementation:

  • Peacekeeping missions (Liberia, Sierra Leone)
  • Financial and military support to African nations
  • Leadership roles in African organizations

Implications:

  • Enhances Nigeria’s leadership role in Africa
  • High financial burden on Nigeria
  • Strengthens regional cooperation

2. NEPAD (New Partnership for Africa’s Development)

Origin: Established in 2001 by African leaders including Nigeria, South Africa, and Algeria.

Objectives:

  • Eradicate poverty in Africa
  • Promote sustainable development
  • Integrate Africa into the global economy
  • Encourage good governance

Implications:

  • Improved economic cooperation
  • Attracts foreign investment
  • Encourages accountability in governance

NIGERIA IN INTERNATIONAL ORGANIZATIONS

1. United Nations (UN)

Origin: Founded in 1945 after World War II.

Objectives:

  • Maintain international peace and security
  • Promote human rights
  • Encourage international cooperation

Structure:

  • General Assembly
  • Security Council
  • International Court of Justice
  • Secretariat

Functions:

  • Peacekeeping missions
  • Conflict resolution
  • Humanitarian assistance

Achievements:

  • Reduced global conflicts
  • Promoted international law

Problems:

  • Veto power abuse
  • Funding challenges

Prospects:

  • Reforms in Security Council
  • Improved global cooperation

2. Commonwealth

Origin: Association of former British colonies.

Objectives:

  • Promote democracy
  • Encourage development
  • Foster unity among members

Functions:

  • Election monitoring
  • Educational cooperation

Achievements:

  • Strengthened diplomatic ties

Problems:

  • Lack of enforcement power

3. Organization of African Unity (OAU)

Origin: Founded in 1963 in Addis Ababa.

Objectives:

  • Promote unity among African states
  • Support liberation movements

Achievements:

  • Helped end colonial rule

Problems:

  • Weak enforcement mechanisms

4. African Union (AU)

Origin: Replaced OAU in 2002.

Objectives:

  • Promote economic integration
  • Ensure peace and security

Structure:

  • Assembly of Heads of State
  • Commission
  • Peace and Security Council

Achievements:

  • Peacekeeping operations
  • Regional development initiatives

Problems:

  • Dependence on foreign funding

5. ECOWAS

Origin: Established in 1975.

Objectives:

  • Promote economic integration
  • Ensure regional peace

Structure:

  • Authority of Heads of State
  • Council of Ministers
  • Commission

Functions:

  • Peacekeeping (ECOMOG)
  • Trade liberalization

Achievements:

  • Conflict resolution in West Africa

Problems:

  • Language barriers
  • Funding issues

6. OPEC

Origin: Founded in 1960.

Objectives:

  • Control oil prices
  • Coordinate petroleum policies

Functions:

  • Regulate oil production

Achievements:

  • Stabilized oil prices

Problems:

  • Price fluctuations

OTHER INTERNATIONAL ORGANIZATIONS

1. African Petroleum Producers Association (APPA)

Objectives:

  • Promote cooperation among African oil producers

Achievements:

  • Improved collaboration in oil sector

SUMMARY

  • Nigeria places Africa at the center of its foreign policy
  • International organizations help promote peace and development
  • Each organization has strengths and weaknesses

POSSIBLE EXAM QUESTIONS

  1. Explain the concept of Africa as the centrepiece of Nigeria’s foreign policy.
  2. Outline the objectives of NEPAD.
  3. Discuss the structure of the United Nations.
  4. State the achievements of ECOWAS.
  5. Differentiate between OAU and AU.

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