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Nairaland Forum / Nairaland / General / Politics / Is Niger Delta Oil And Gas Truly What Is Use To Build Nigeria? (232 Views)
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Is Niger Delta Oil And Gas Truly What Is Use To Build Nigeria? by jbbalarabe(m): 8:29pm On Jan 22, 2021 |
So I will like to enlighten some of the people on this forum most especially the people from the south. That are always thinking that it's the revenue that Government get from Crude oil that is used to sustain all the regions. Most times you hear them say things like "our oil money " But on the contrary you might think that the revenue gotten from these product amount to like 80% or 90% but the records shows otherwise. See bellow the record from statisense from their twitter handle. CRUDE PETROL & NATURAL GAS CONTRIBUTION TO THE �� ECONOMY 1981: 25.46% 1985: 28.94% 1990: 31.83% 1995: 29.44% 2000: 28.93% 2005: 24.22% 2010: 15.39% 2015: 9.61% 2016: 8.35% 2017: 8.67% 2018: 8.59% 2019: 8.78% Q1 2020: 9.5% Q2 2020: 8.93% Q3 2020: 8.73% #StatiSense (CBN/NBS)
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Re: Is Niger Delta Oil And Gas Truly What Is Use To Build Nigeria? by Xscape1993(m): 8:29pm On Jan 22, 2021 |
I think so since we have refused to diversify our economy. I even pray that the cruel oil should dry up sooner or later. 1 Like |
Re: Is Niger Delta Oil And Gas Truly What Is Use To Build Nigeria? by dododawa1: 8:40pm On Jan 22, 2021 |
I don't know about others but AWOLOWO built southwest with cocoa money 1 Like |
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