Friday, 14 May, 2021

What Do Nigerians Think About Government’s Reliance on Crude Oil?



In recent times, the demand for oil globally has slumped. Global oil prices fell by as much as 15 per cent in March to $27 per barrel. This is threatening to destabilise Nigeria's plan of funding its budget by raising N2.64trn from oil sales of two million barrels a day at an assumed benchmark of $57 per barrel.

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