Oil Revenue

The President, Major General Muhammadu Buhari (retd.), on Friday, said the federal government targets N1.92tn in oil revenues in 2023. Buhari revealed this while presenting the 2023 appropriation bill to a joint session of the National…

Nigeria’s oil production slumped by 28 million barrels between January and July 2022, threatening the Federal Government’s N9.37tn oil and gas revenue target by the end of the year. The Federal Government, in the 2023-2035 Medium Term…