Tag: crude oil revenue

The price of Nigeria’s Bonny Light crude oil has experienced a sharp decline, falling by 10.6% from $84.02 per barrel on January 15th to $73.53 per barrel. This significant drop raises concerns over the Federal Government’s ability to meet its 2025 budget revenue projections. The 2025 national budget was structured around a crude oil benchmark […]

By Emmanuel

March 5, 2025March 5, 2025