Tag: N16.2tn Revenue Loss.

HomeN16.2tn Revenue Loss.

Nigeria lost N16.2 trillion in oil revenue in the first half of 2025, reflecting a shortfall from the government's revenue targets for that period. According to a report released by the Budget Office on budget performance, N9.32 trillion was generated out of the 25.52 trillion projected for January to June 2025. This means only 36.52 …

Nigeria’s Crude Output Drops Below OPEC Quota after two-month rally

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