The statement that correctly describes the atoms of nitrogen and oxygen is:
They have valence electrons in the same energy level.
Both nitrogen (atomic number 7) and oxygen (atomic number 8) are in period 2 of the periodic table, so they have their valence electrons in the same principal energy level (n=2). Nitrogen has 5 valence electrons, while oxygen has 6, so they do not have the same number of valence electrons, and they do not have the same number of total electrons.