I hate to be the bearer of bad news, but it is very unlikely this lofty and unrealistic target can be met. Even 2.5 million per day is unlikely. I will try to dissect the reasons why. It is critical Nigeria adopts a sober realization of the challenges facing the[Read More…]
Tag: 3 Million Barrels Per Day Oil Production By 2030
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]