Nigeria has reduced reliance on oil revenue – Tinubu
He said the government’s diversification strategy was focused on agriculture, manufacturing, digital and creative industries, while the oil and gas sector would continue to provide energy, foreign exchange and revenue for the country.
Oil remains important to Nigeria’s finances Despite the government’s push to reduce dependence on oil, petroleum remains an important source of public revenue and foreign exchange.
Push for more oil and gas investment The Minister of State for Petroleum Resources, Oil, Heineken Lokpobiri, said Nigeria currently produces about 1.
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