Nigeria’s Oil Revenue Falls by 22% to ₦3.9 Trillion in Q4 2024 — Budget Office Report

Nigeria’s oil revenue declined by 22% to ₦3.9 trillion in the fourth quarter of 2024, reflecting a significant shortfall from budget expectations, according to the Budget Implementation Report released by the Budget Office of the Federation (BOF). The report revealed that the country earned ₦3.91 trillion in gross oil revenue during the period, a drop…

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