Nigeria’s Oil Revenue Surges by 30%, revenue-to-debt service ratio drops to 68% – Finance Minister

Nigeria’s oil sector has seen a significant increase in government revenue, rising from 11% in 2023 to 30% in the first half of 2024. This was announced by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a press briefing in Abuja. The surge in revenue is attributed to the ongoing [...]The post Nigeria’s Oil Revenue Surges by 30%, revenue-to-debt service ratio drops to 68% – Finance Minister appeared first on Tekedia.

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