Nigeria’s Oil Revenue Craters as N16.2trn Gap Exposes Deep Fiscal Strain

[Hallmark - Nigeria] - 23/12/2025
Nigeria’s fragile public finances came under renewed pressure in the first half of 2025 as the Federal Government recorded a staggering N16.2trn shortfall in oil revenue, despite a modest rebound in crude oil production. The second-quarter Budget Performance Report released by the Budget Office (…)
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