Nigeria is a rich country. You have heard this a million times, haven’t you? What exactly do people mean by “Nigeria is rich”? They believe we have enough money to
Tag "Oil Revenue"
Muhammadu Sanusi II, former Emir of Kano, has described Nigeria as an oil economy with no oil revenue, as he bemoaned the country’s economic woes. Sanusi spoke during the weekend
The Central Bank of Nigeria (CBN) says the country generated N799.10 billion from oil sector in the first quarter of 2022. The figure represents a 28.3 percent decline from N1.11
The Central Bank of Nigeria (CBN) says Nigeria must build a broad-based and well-diversified economy that will guarantee overall macroeconomic stability. Godwin Emefiele, apex bank governor, said this at a seminar
The federal executive council (FEC) has approved reforms to increase Nigeria’s non-oil revenue by N3.8 trillion and oil revenue by
Enoch Adeboye, general overseer of the Redeemed Christian Church of God (RCCG), has claimed the government confirmed that 80 per
Ben Akabueze, director-general, budget office of the federation, says Nigeria is deliberately diversifying in 2022, as oil revenue failed to
The federation accounts allocation committee (FAAC) shared N671.910 billion among the three tiers of government for October. This figure is
Edwin Clark, Ijaw leader, has alleged that only members of the All Progressives Congress (APC) benefit from crude oil revenue.
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